Credit Creation By Commercial Banks Question : What is Credit creation ? Explain the process of credit creation by Banks. […]
Functions of Commercial Banks: The two main functions of a commercial bank are borrowing and lending. In other
What is a Bank ? Bank: A bank is a financial institution that accepts deposits of
What is High Powered Money ? Explain. High Powered Money : High powered money refers to the monetary
Supply of Money : Supply of money refers to the stock of money held by the public at
Functions of Money: Money performs several important functions. Prof. Kinley has classified the functions of money into three groups :
Money : Definition Money is something which is too difficult to define since it is one of those concepts which
Producer’s Equilibrium: Marginal Revenue and Marginal Cost Approach Producer’s equilibrium is generally determined by marginal revenue and marginal
Producer’s Equilibrium : Total Revenue and Total Cost Approach We can explain equilibrium of the firm with the help
Producer’s Equilibrium : A Firm or Producer: A firm is defined as an economic entity which
