Who decides when to print money in India?

July 8, 2024 No Comments

A: The Reserve Bank of India (RBI), manages currency in India. The bank’s additional responsibilities include regulating the country’s credit systems and using monetary policy to establish financial stability in India. The institution is headquartered in Mumbai, India. Before 1934, the government of India had the

Who decides when to print money in the U.S.?

July 8, 2024 No Comments

A: The U.S. Treasury controls the printing of money in the United States. However, the Federal Reserve Bank has control of the money supply through its power to create credit with interest rates and reserve requirements. Since credit is the largest component of the money

Who discovered the law of supply and demand?

July 8, 2024 No Comments

A: The law of supply and demand, which dictates that a product’s availability and demand impacts its price, was noticed in the marketplace long before it was mentioned in a published work. Philosopher John Locke is credited with one of the earliest descriptions of this

Who employs the specialists at New York Stock Exchange (NYSE)? Do they work for themselves, for the NYSE or for brokerage firms?

July 8, 2024 No Comments

A: Before we address this question, let’s review what specialists do. Specialists are people on the trading floor of an exchange, such as the NYSE, who hold inventories of particular stocks. A specialist’s job is not only to match buyers and sellers, but also to

Who sets fiscal policy, the president or congress?

July 8, 2024 No Comments

A: In the United States, fiscal policy is directed by the executive and legislative branches. In the executive branch, the two most influential offices belong to the president and the Treasury secretary, although contemporary presidents often rely on a council of economic advisers. The U.S.

Who sets the global standard to stop money laundering and how is it implemented?

July 8, 2024 No Comments

A: The Financial Action Task Force (FATF) sets the international standard for fighting money laundering. Formed in 1989 by leaders of countries and organizations around the world, the FATF is an international body of governments that sets standards for stopping money laundering and promotes the

When was the Dow Jones Industrial Average first calculated?

July 8, 2024 No Comments

A: Charles Henry Dow was born on a farm in Connecticut on November 6, 1851. Farming didn’t suit Charles Dow, however, so he left to make his mark in journalism. Despite having no formal training and little education, Dow was able to find a series

Where can you buy NetSpend reload packs?

July 8, 2024 No Comments

A: You can only purchase NetSpend reload packs at Giant Eagle, Albertsons, Roundy’s and Pathmark supermarkets. NetSpend cards are prepaid debit cards that offer a variety of features. Account holders can directly deposit or use a reload location to fund their accounts. The card allows

Where Did the Bull and Bear Market Get Their Names?

July 8, 2024 No Comments

A: The terms bear and bull are used to describe general actions and attitudes, or sentiment, either of an individual or the market. A bear market refers to a decline in prices, usually for a few months, in a single security or asset, group of securities or

What macroeconomic problems do policy makers most commonly face?

July 8, 2024 No Comments

A: Macroeconomics addresses large-scale economic factors that affect the overall population. Policymakers therefore have to make macroeconomic decisions such as setting interest rates and balancing a country’s inflation with both its trade and the foreign exchange rate. Establishing financial conditions that facilitate an increase in

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