Second, we calculate the impact effect indicators of each mechanism. The results show that the direct effect of digital finance on CEI is −0.2782, and the indirect effects of PTI and GTI are 0.2123 and −0.0
How to calculate the rate of inflation, specifically the percentage change in the CPI-U? If the CPI today is 240, then what is the inflation rate since the base year? a. we need to know the CPI of the base ye...
To quote David Glasner,“as much as macroeconomics may require microfoundations, microeconomics requires macrofoundations.” (Hat tip and excellent further reading: Steve Randy Waldman.) Those foundations are the technical economic terms used — because words are what we use to think together — and...
Learn the reserve requirement definition, the reserve ratio formula, and how to calculate required reserves. See reserve ratio examples and understand its importance. Related to this QuestionHow is the money supply affected by an increase in the required reserve ratio? Explain how the money supply ...