宏观习题答案(英文题中文答案).pdf,PART 1 THE DATA OF MA CR OE CON OM ICS CHAPTER 1 MEASURING A NATION INCOME 1. Explain why an economys income must equal its expenditure. 答 :对于一个经济整体而言,收入必定等于支 出,因为每一次交易都有两方 :一个买者 一
1.GNP refers to the market value of goods and services produced ty the property and labor owned by the residents of an economy. GDP measures the market value of all goods and services produced within the geographic area of an economy. The difference between GNP and GDP is that the former ...
It’s called an exchange rate, and in the global currency market, it’s always in relation to another currency. The value of a currency relative to another is reflected in the exchange rate. Inflation, interest rates, trade balance, and a country’s overall economic and political stability ...
TheFinancial Timesglossary of termshas the following definition of the word: “Money provided or lent, for example by a bank for investment (when money is put into buildings, equipment, etc., to produce goods and services) or consumption (when people buy goods and services),”or“the managem...
This works best if you interview someone who works or is very familiar with the products you’re trying to market. Interviews are powerful, unique, and helpful to overcoming writer’s block. Let someone else do the talking and then associate yourself with their wisdom for a quick content win...
One of the most controversial topics in finance is the efficient-market hypothesis, developed by Eugene Fama in 1965. In a nutshell, the theory says that the financial markets are efficient, so no one can gain an edge in them. Fama’s paper “The Behavior of Stock-Market Prices,” which...
Managing the payments systems Typically, the intermediary accepts a deposit from the investor or lender, passing this on to the borrower at a high interest rate to make up their own margin. At the same time, they make the market more efficient by conducting these activities on a large scale...
5. There are four major forms which are the following: Merchandise exports and Imports, Service Exports and Imports, Investment and Multinational Enterprise. 6. It is the account which is a summary statement of the flow of all international economic and financial transactions between one nation (...
The need for the Islamic Financial Services Board (IFSB) arises from Islamic banking, which is banking and other financial services that adhere to the religion of Islam. This is known as prescribing to shariah law. There are certain tenets to shariah law that make Islamic banking vastly differe...
A financial intermediary is an entity that acts as themiddlemanbetween two parties in a financial transaction, such as acommercial bank, investment bank, mutual fund, or pension fund. Financial intermediaries offer a number of benefits to the average consumer, including safety, liquidity, andeconomie...