Q1) What is the difference between the official cash rate and the market rate of interest? Explain the mechanism by which the RBA raises the cash rate. Use appropriate diagrams where necessary. The official cash rate is the interest rate set by the central bank for the financial institutions. This rate is adjusted by the central bank via the Exchange Settlement Accounts. The official cash rate is influenced by the transactions taking between the central bank and the financial institutions because
severe. I remember this happening and the prices of both went up due to the supply and demand for both. Today it has leveled out a bit since the farmers are now able to grow more corn and the weather has not affected the crops. Just like the Core Economics book states. A change in supply results in one or more of the determinants of supply; it causes the entire supply curve to shift. One thing that will not move is the change in quantity supplied. The only thing that will change this is the price of
London Docklands A Case study of: q Urban redevelopment / Urban regeneration q Economic decline and regeneration q In migration into an area and its impact q An urban planning scheme Where are the London Docklands? In the East End of London. Docklands covers an area of 2200 hectares, (21 sq kms) over 5 boroughs, Newham, Tower hamlet, Southwark, Lewisham and Greenwhich. The area covered by the London Docklands Redevelopment Corporation stretches
This paper investigates various Economic Order Quantity (EOQ) models and reviews the potential application and related benefits. Two EOQ model were the primary focus: tiered manufacturing prices, and a fixed/variable manufacturing price structure. Both cases define a Total Cost Function that serves as the basis for optimization. Additionally, several probability distributions were estimated for the EOQ which can provide percentiles to be used as Request for Quote tiers. Introduction: The optimal
welfare will generally go uncompensated. However, that does not mean that the optimal level of pollution is zero, contrary to the environmentalist presumption, as this would mean that economic activity would have to be zero and this is illogical. Therefore, an optimal level of pollution and corresponding economic activity has to be found. According to the Pareto efficient, the ideal allocation of resources occurs when nobody can be made better off without making someone else worse off. In the
In economics, there are two types of element characteristics, constant and variable. For instance, prices, income, quantity, output etc. Now, some of these elements might not change when other elements changes and this is called constant such as a dozen of cake. A dozen of cake will always stay the same: 12 pieces in a dozen. However, the element that can vary is the price of this dozen. In some places it is 3 KD in other places it 2.5 KD and the price here is described as variable. Below are some
aquaculture. A really pressing question I have is how long humans have known of aquaculture. One other question I have is where in the world is aquaculture most popular. A very intriguing question is if aquatic plants can be used in aquaculture. From an economic perspective, how much money is in this industry now. Another question is what kinds of fish are ideal for aquaculture. One more question is about how large groups fish are put into during aquaculture. My last question is if there are issues in the
Company Q did not coherently follow the trending change of corporate governance and voluntary boundaries required to succeed in social responsibility as were expected in the corporate world. Results found the concept of philanthropy and giving back to the community only a theory that was mismanaged. Company Q’s inappropriate conduct of due diligent business practices, compromised the integrity of principles expected by current stakeholders, customers, employees and the entire local community. Cause
The book, “The True Story of Ah Q” was written by Lu Xun. It is a form of historical fiction, which “is a literary genre that takes place in the past. The setting is drawn from history.” The historical events and social phenomena will be presented in the story though it is a historical fiction. It can impress deeply historical frames in people’s mind and plays a significant role in history. It is another way to record history. Additionally, the author, “Lu Xun (1881-1936) is widely regarded as one
have a property right only to the initial situation Q^' (the level of environmental quality with the landfill). The residents do not have the property right to the benefits by the post policy that improves environmental quality. The value that a resident places on environmental quality (Q) with the landfill is defined as (pre policy) (for the theoretical background from equations B-1 to B-9, see Roberts et al. 1991; Freeman 2003): U^0=U^0 (X,Q^0) (B-1)