公式如下：pricelevel少打了一个单词customer，这三个英文缩写起来就是CPI，它的计算公式是（一组固定商品按当期价格计算的价值）除以（一组固定商品按基期价格计算的价值）乘以100%；interestrate的公式是利息量/（本金x时间）×100%，利率（interestrate）表示一定时期内利息量与本金的比率，通常用百分比表...
Price level and interest rate are linked together in the sense that the manipulation of the level of interest rates is one of the tools used by the central bank or government to control price levels in an economy. The central bank in a country uses interest rates as one of its main tools...
IS helps firms to establish their business and grow in long run. Investment in capital signifies the strong growth capabilities of firms and businesses.Answer and Explanation: Investment spending has the following consequences on interest rates and price levels: Interest rate: The int...
The paper applies long‐span monthly data on the long‐term interest rate and the price index from 1790 to 1931. The ARDL cointegration is employed to study the long‐term relationship. Significant evidence is provided for the paradox during the uninterrupted gold standard era of the UK (1821...
Real exchange rate convergence: The roles of price stickiness and monetary policy In many open-economy models based on Dornbusch (1976), the speed of convergence of the real exchange rate is tied to the stickiness of prices. The \"purcha... C Engel - 《Journal of Monetary Economics》 被引...
A nominal theory of the nominal rate of interest and the price level with the integration of both the asher effect and the gibson paradox This paper develops a simple theory of nominal income interest determination under three key assumptions: firstly, the only relevant distinction between money an...
Linkage among exchange rate, price level and balance of payments: The case of the Czech Republic Relationships between selected macroeconomic variables - nominal exchange rate, international reserves, real exchange rate, price level, credit and debit transactions of balance of payments - in the Czech...
分析:题目要求根据上一问real GDP上升,画出在money market中对于nominal interest rate的影响。这道题由于前面分析AD上升,会导致price level的上升,因此人们需要更多的钱了,money demand会上升,从而导致nominal interest rate上升。 第一题e问: ...
A rise in the price level causes the demand for money to ___ and the interest rate to ___, everything else held constant. A. decrease; decrease B. decrease; increase C. increase; decrease D. increase; increase 相关知识点: 试题来源: 解析 ...
How much is the effective or market interest rate on a bond that has a face value of $1,000, is selling at a price of $1,600 and pays $80 interest? What is the real interest rate if the nominal interest rate is 3% and the inflation rate is 1%?