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1) https://openstax.org/books/principles-
2) https://openstax.org/books/principles-macroeconomics-2e/pages/15-2-bank-regulation
3) https://openstax.org/books/principles-macroeconomics-2e/pages/15-3-how-a-central-bank-executes-
please I need a short summary for these articles.
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- 1.) Briefly define and explain how fractional reserve banking works. Both the textbook and the Segment 305 video on the Chapter 16 Resource Page may be of some help here (see the Federal Reserve Bank of Philadelphia - Educational Playlist.) 2.) Go to the Chapter 17 Resource page and watch the videos (Khan Academy and Investopedia) on the yield curve. Then, briefly describe what it is, the different types of yield curves, and what those different types of yield curves portend for the economy.How is a central bank different from a typical commercial bank?Banking began as a mostly private (non-government) industry and, over time, the government's role became primarily one of regulation (e.g., setting reserve requirements) and providing support for private banks (e.g., central banks lending banks money to pay deposits). Is this balance of responsibilities good? Should the government be less involved in banking, or should the government expand its role in banking by taking deposits from and making loans directly to individuals and businesses (like most banks do today).
- D4) explain the loss function of central banks and how monetary policy can be implemented to cope with financial crises.1. If one still argues that the monetary policies conducted by the Federal Reserve is heavily influenced by the Congress and the White House, what could be the evidence we can find in the system which supports the argument? (briefly explain in a paragraph or so)3: An economist makes the following assessment in a study he has prepared: "… As a result of the simultaneous money transfer possibilities, the spread ofelectronic money, the increase in financial diversity and depth, the monetarybase has become equal to the broadly defined money supply ..." According to this statement,a. How can such a situation arise?b. What would the function of the banking system be in such an environment?
- Explain any four instruments that the central bank can use to regulate the financial system?What were the two previous central banks the United States had before the current Federal Reserve system? When was the Federal Reserve established? How old are some other central banks in other countries? Describe in detail how the Federal Reserve is structured and explain how it is mostly independent from political interference? Using ideas like supply and demand, explain how the Federal Reserve uses open-market operations to either raise or lower interest rates at the direction of the Federal Open Market Committee (FOMC). See if you can find what the most recent decision made by the FOMC was concerning interest rates and explain how that will be reflected in its open-market operations.Discuss factors that determine the demand and supply of money in the financial system
- Why is credit so important to our economy? Can the economy function without credit? https://www.imf.org/external/pubs/ft/fandd/basics/bank.htm https://www.brookings.edu/research/the-role-of-finance-in-the-economy-implications-for-structural-reform-of-the-financial-sector/ https://www.economicsdiscussion.net/banking/role-of-banks-in-the-economic-development-of-a-country/260941.13 Read the following extract and answer the question that follows. Yes, SANParks can refuse to take your cash, says the Reserve Bank At the start of September, South African National Parks (SANParks) will stop accepting cash payments at the entrances, and inside, some of its parks, a policy to be implemented across every national park during 2023. And that is quite alright, says the SA Reserve Bank, as custodian of the rules intended to manage the currency. SanParks announced its roadmap for going cash free – both for the convenience of visitors and for reasons of safety – on Wednesday. Source: https://www.businessinsider.co.za/sanparks-is-legally-allowed-to-refuse-cash-reserve-bank-says-2021-8 Accessed: 23/08/21 The impact of the above decisions by SANParks will have its impact on... a) ..the M1 measure of money. b) ..the M2 measure of money. c) ..the M3 measure of money. d) ..the number of notes and coins in circulation in the economy.Why are financial intermediaries the most heavily regulated businesses in the economy? Explain why stock market is an important factor in business investment decisions? What is inflation? What explains inflation? If there is a recession, will it be more difficult to find a job when you graduate? Explain. What are the six types of regulations the government employs in an attempt to ensure the soundness of our financial intermediaries? Explain. Explain the difference between debt and equity markets. primary and secondary markets, exchange and over the counter markets and money and capital markets. What is the difference between foreign bond and a Eurobond? Which institutions are subject to Federal Deposit Insurance corporation (FDIC) regulations, and what is the nature of the regulations? What are the reasons for high transaction costs to exist in a barter economy? What separates the assets included in M1 from the assets included in M2? Does it matter what definition of money policy…