Describe the impact of financial innovations on the demand for money and velocity.
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 72% (11 reviews)
Financial innovations reduce the demand for money and increase velocity By making alternatives ...View the full answer
Answered By
Hemstone Ouma
"Hi there! My name is Hemstone Ouma and I am a computer scientist with a strong background in hands-on experience skills such as programming, sofware development and testing to name just a few. I have a degree in computer science from Dedan Kimathi University of Technology and a Masters degree from the University of Nairobi in Business Education. I have spent the past 6 years working in the field, gaining a wide range of skills and knowledge. In my current role as a programmer, I have had the opportunity to work on a variety of projects and have developed a strong understanding of several programming languages such as python, java, C++, C# and Javascript.
In addition to my professional experience, I also have a passion for teaching and helping others to learn. I have experience as a tutor, both in a formal setting and on a one-on-one basis, and have a proven track record of helping students to succeed. I believe that with the right guidance and support, anyone can learn and excel in computer science.
I am excited to bring my skills and experience to a new opportunity and am always looking for ways to make an impact and grow as a professional. I am confident that my hands-on experience as a computer scientist and tutor make me a strong candidate for any role and I am excited to see where my career will take me next.
5.00+
8+ Reviews
22+ Question Solved
Related Book For
Money Banking and Financial Markets
ISBN: 978-0078021749
4th edition
Authors: Stephen Cecchetti, Kermit Schoenholtz
Question Posted:
Students also viewed these Banking questions
-
Describe the impact of global business as it relates to direct foreign investment.
-
Describe the impact of the following Supreme Court decisions: a. Griggs v. Duke Power. b. McDonnell Douglas v. Green. c. Albemarle Paper v. Moody. d. University of California Regents v. Bakke. e....
-
Describe the impact of high inflation on the financial statements of a company. What unique challenges does inflation present for analysis of historical performance?
-
The curve described by the cable of the suspension bridge shown in Figure 8.70 is given by where x is the distance measured from one end of the bridge. What is the length of the cable (see Example...
-
A closed-loop system has a loop transfer function (a) Determine the gain K so that the phase margin is 60°. (b) For the gain K selected in part (a), determine the gain margin of the system. LS)...
-
A wagon with two boxes of gold, having total mass 300 kg, is cut loose from the horses by an outlaw when the wagon is at rest 50 m up a 6.00 slope (Fig. 8.50). The outlaw plans to have the wagon roll...
-
A negatively charged particle is held in position and then released in a region where a uniform magnetic field points in the positive \(x\) direction and a uniform electric field points in the...
-
The enzyme carboxypeptidases catalyses the hydrolysis of polypeptides and here we consider its inhibition. The following results were obtained when the rate of the enzymolysis of...
-
Discuss the following topic(s) in the forum and submit proof of your participation in the online discussions: 1) Professional certification and the practising accountants 2) Cost data and managerial...
-
MC has current sales of 1.5m per year. Cost of sales is 75 per cent of sales and bad debts are 1 per cent of sales. Cost of sales comprises 80 per cent variable costs and 20 per cent fixed costs. The...
-
If velocity were predictable but not constant, would a monetary policy that fixed the growth rate of money work?
-
Suppose that expected inflation rises by 3 percent at the same time that the yields on money and on non-money assets both rise by 3 percent. What will happen to the demand for money? What if expected...
-
Today exchange rates are set by and _______.
-
Distinguish between the individuoptions arel types of dioptions arebetes options arend how their onset options arend presentoptions aretions options arere different.
-
Describe how total variable costs and unit variable costs behave with changes in the level of activity. If fixed costs increase, what would be the impact on the contribution margin and income from...
-
A dependable company has offered to produce both jobs for Harris for $5,400 per output unit Harris may outsource (buy from the outside company) either Job A only, Job B only, or both jobs Which...
-
Megamart Ltd sells furniture on 12 months' interest free terms to qualifying customers. On 30 June 2023, Megamart sells $33,000 of furniture to Harvey, payable by 30 June 2024. The appropriate...
-
How did the Arab world influence the development of Western society in the Middle Ages? Do you see any parallels with the situation in the Middle East today? What did the peasant get from the feudal...
-
Find if it exists. 3xy lim (x,y) (0,0) x + y 2
-
Diamond Walker sells homemade knit scarves for $25 each at local craft shows. Her contribution margin ratio is 60%. Currently, the craft show entrance fees cost Diamond $1,500 per year. The craft...
-
Sanjay is managing a multi-million-dollar construction project that is scheduled to take nearly three years to complete. During the planning phase, he discovers a serious threat to the project...
-
If you decide to hold $100 less cash than usual and therefore deposit $100 more cash in the bank, what effect will this have on checkable deposits in the banking system if the rest of the public...
-
"The Fed can perfectly control the amount of reserves in the system." Is this statement true, false, or uncertain? Explain.
-
"The Fed can perfectly control the amount of the monetary base, but has less control over the composition of the monetary base." Is this statement true, false, or uncertain? Explain.
-
Consider (1) and (2) below. (1) Tina seems proud of her students. (2) Tina seems to be proud of her students. You have two options, as follows: - To provide a syntactic analysis of (1)-(2) according...
-
Please help me with this its the Ogopogo from Joe Laycocks article Article name; Mothman: Monster, Disaster and Community Topic: Choose only ONE of these three possibilities. 1. Use Laycock's...
-
One major indicator of student success is being in the right major. It is really hard to get motivated toward academic success when you are not enjoying what you are learning about. Be sure to follow...
Study smarter with the SolutionInn App