The Major reason for the people’s demand for money is that it is needed in any economy in which almost every person and firm sells goods and services for money and in turn uses money to buy the goods and services offered by others. Functionally this amount of money used as a medium of exchange. Classical theory explained the demand for money as essentially a demand resulting from this need for money as medium of exchange.
In Keynesian theory, money becomes much more than a medium of exchange, much more than a medium of exchange, much more than a device for meeting transactions in the marketplace. People also demand money for speculative purposes and as security against unforeseen needs for cash reserves. The break down of the demand for money into transactions and precautionary and speculative demands plays a vital part in the theory of Keynes.
The Major reason for the people’s demand for money is that it is needed in any economy in which almost every person and firm sells goods and services for money and in turn uses money to buy the goods and services offered by others. Functionally this amount of money used as a medium of exchange. Classical theory explained the demand for money as essentially a demand resulting from this need for money as medium of exchange.
In Keynesian theory, money becomes much more than a medium of exchange, much more than a medium of exchange, much more than a device for meeting transactions in the marketplace. People also demand money for speculative purposes and as security against unforeseen needs for cash reserves. The break down of the demand for money into transactions and precautionary and speculative demands plays a vital part in the theory of Keynes.
In economics, the theory of the second best concerns the situation when one or more optimality conditions cannot be satisfied.
The economists Richard Lipsey and Kelvin Lancaster showed in 1956, that if one optimality condition in an economic model cannot be satisfied, it is possible that the next-best solution involves changing other variables away from the values that would otherwise be optimal.
Politically, the theory implies that if it is infeasible to remove a particular market distortion, introducing a second (or more) market distortion may partially counteract the first, and lead to a more efficient outcome.
In economics, the theory of the second best concerns the situation when one or more optimality conditions cannot be satisfied.
The economists Richard Lipsey and Kelvin Lancaster showed in 1956, that if one optimality condition in an economic model cannot be satisfied, it is possible that the next-best solution involves changing other variables away from the values that would otherwise be optimal.
Politically, the theory implies that if it is infeasible to remove a particular market distortion, introducing a second (or more) market distortion may partially counteract the first, and lead to a more efficient outcome.
In Keynesian Economics equilibrium is reached at a point where Ad equals AS. On the Other hand for equilibrium Consumption must equal Investment given the fact that S = I. The rete of interest which is the major determinant of Investment is determined in Money Market. It is therefore essential that at equilibrium all these markets should be in equilibrium. IS LM explains simultaneous equilibrium in all the markets.
This academic output meant for undergraduate students of BBS, BBA, B.Ed, and BA Psychology.
Emotions are biologically-based psychological states brought on by neurophysiological changes, variously associated with thoughts, feelings, behavioural responses, and a degree of pleasure or displeasure.
Observational Learning Theory and Its Application.pdfKhemraj Subedi
Observational learning theory, also known as social learning theory or modeling, is a psychological theory developed by Albert Bandura that explains how people learn new behaviors by observing others. His work was published in 1977 book titled Social Learning Theory. According to this theory, learning can occur through direct experience or through the observation of others' actions, behaviors, and the consequences they experience.
Learning in Psychological Perspectives.pdfKhemraj Subedi
In psychology, "learning" refers to a relatively permanent change in behavior, knowledge, or capability resulting from experience. Learning involves the acquisition of new information, skills, attitudes, or behaviors through various processes. Psychologists study learning to understand how individuals or animals acquire, retain, and apply knowledge or behaviors.
Endogenous rural development refers the development initiated by local people with their own resources, values, aspirations, knowledge, skill and organizations.
how to swap pi coins to foreign currency withdrawable.DOT TECH
As of my last update, Pi is still in the testing phase and is not tradable on any exchanges.
However, Pi Network has announced plans to launch its Testnet and Mainnet in the future, which may include listing Pi on exchanges.
The current method for selling pi coins involves exchanging them with a pi vendor who purchases pi coins for investment reasons.
If you want to sell your pi coins, reach out to a pi vendor and sell them to anyone looking to sell pi coins from any country around the globe.
Below is the contact information for my personal pi vendor.
Telegram: @Pi_vendor_247
If you are looking for a pi coin investor. Then look no further because I have the right one he is a pi vendor (he buy and resell to whales in China). I met him on a crypto conference and ever since I and my friends have sold more than 10k pi coins to him And he bought all and still want more. I will drop his telegram handle below just send him a message.
@Pi_vendor_247
how to sell pi coins in all Africa Countries.DOT TECH
Yes. You can sell your pi network for other cryptocurrencies like Bitcoin, usdt , Ethereum and other currencies And this is done easily with the help from a pi merchant.
What is a pi merchant ?
Since pi is not launched yet in any exchange. The only way you can sell right now is through merchants.
A verified Pi merchant is someone who buys pi network coins from miners and resell them to investors looking forward to hold massive quantities of pi coins before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@Pi_vendor_247
BYD SWOT Analysis and In-Depth Insights 2024.pptxmikemetalprod
Indepth analysis of the BYD 2024
BYD (Build Your Dreams) is a Chinese automaker and battery manufacturer that has snowballed over the past two decades to become a significant player in electric vehicles and global clean energy technology.
This SWOT analysis examines BYD's strengths, weaknesses, opportunities, and threats as it competes in the fast-changing automotive and energy storage industries.
Founded in 1995 and headquartered in Shenzhen, BYD started as a battery company before expanding into automobiles in the early 2000s.
Initially manufacturing gasoline-powered vehicles, BYD focused on plug-in hybrid and fully electric vehicles, leveraging its expertise in battery technology.
Today, BYD is the world’s largest electric vehicle manufacturer, delivering over 1.2 million electric cars globally. The company also produces electric buses, trucks, forklifts, and rail transit.
On the energy side, BYD is a major supplier of rechargeable batteries for cell phones, laptops, electric vehicles, and energy storage systems.
How to get verified on Coinbase Account?_.docxBuy bitget
t's important to note that buying verified Coinbase accounts is not recommended and may violate Coinbase's terms of service. Instead of searching to "buy verified Coinbase accounts," follow the proper steps to verify your own account to ensure compliance and security.
how to sell pi coins in South Korea profitably.DOT TECH
Yes. You can sell your pi network coins in South Korea or any other country, by finding a verified pi merchant
What is a verified pi merchant?
Since pi network is not launched yet on any exchange, the only way you can sell pi coins is by selling to a verified pi merchant, and this is because pi network is not launched yet on any exchange and no pre-sale or ico offerings Is done on pi.
Since there is no pre-sale, the only way exchanges can get pi is by buying from miners. So a pi merchant facilitates these transactions by acting as a bridge for both transactions.
How can i find a pi vendor/merchant?
Well for those who haven't traded with a pi merchant or who don't already have one. I will leave the telegram id of my personal pi merchant who i trade pi with.
Tele gram: @Pi_vendor_247
#pi #sell #nigeria #pinetwork #picoins #sellpi #Nigerian #tradepi #pinetworkcoins #sellmypi
Financial Assets: Debit vs Equity Securities.pptxWrito-Finance
financial assets represent claim for future benefit or cash. Financial assets are formed by establishing contracts between participants. These financial assets are used for collection of huge amounts of money for business purposes.
Two major Types: Debt Securities and Equity Securities.
Debt Securities are Also known as fixed-income securities or instruments. The type of assets is formed by establishing contracts between investor and issuer of the asset.
• The first type of Debit securities is BONDS. Bonds are issued by corporations and government (both local and national government).
• The second important type of Debit security is NOTES. Apart from similarities associated with notes and bonds, notes have shorter term maturity.
• The 3rd important type of Debit security is TRESURY BILLS. These securities have short-term ranging from three months, six months, and one year. Issuer of such securities are governments.
• Above discussed debit securities are mostly issued by governments and corporations. CERTIFICATE OF DEPOSITS CDs are issued by Banks and Financial Institutions. Risk factor associated with CDs gets reduced when issued by reputable institutions or Banks.
Following are the risk attached with debt securities: Credit risk, interest rate risk and currency risk
There are no fixed maturity dates in such securities, and asset’s value is determined by company’s performance. There are two major types of equity securities: common stock and preferred stock.
Common Stock: These are simple equity securities and bear no complexities which the preferred stock bears. Holders of such securities or instrument have the voting rights when it comes to select the company’s board of director or the business decisions to be made.
Preferred Stock: Preferred stocks are sometime referred to as hybrid securities, because it contains elements of both debit security and equity security. Preferred stock confers ownership rights to security holder that is why it is equity instrument
<a href="https://www.writofinance.com/equity-securities-features-types-risk/" >Equity securities </a> as a whole is used for capital funding for companies. Companies have multiple expenses to cover. Potential growth of company is required in competitive market. So, these securities are used for capital generation, and then uses it for company’s growth.
Concluding remarks
Both are employed in business. Businesses are often established through debit securities, then what is the need for equity securities. Companies have to cover multiple expenses and expansion of business. They can also use equity instruments for repayment of debits. So, there are multiple uses for securities. As an investor, you need tools for analysis. Investment decisions are made by carefully analyzing the market. For better analysis of the stock market, investors often employ financial analysis of companies.
how can i use my minded pi coins I need some funds.DOT TECH
If you are interested in selling your pi coins, i have a verified pi merchant, who buys pi coins and resell them to exchanges looking forward to hold till mainnet launch.
Because the core team has announced that pi network will not be doing any pre-sale. The only way exchanges like huobi, bitmart and hotbit can get pi is by buying from miners.
Now a merchant stands in between these exchanges and the miners. As a link to make transactions smooth. Because right now in the enclosed mainnet you can't sell pi coins your self. You need the help of a merchant,
i will leave the telegram contact of my personal pi merchant below. 👇 I and my friends has traded more than 3000pi coins with him successfully.
@Pi_vendor_247
how to sell pi coins at high rate quickly.DOT TECH
Where can I sell my pi coins at a high rate.
Pi is not launched yet on any exchange. But one can easily sell his or her pi coins to investors who want to hold pi till mainnet launch.
This means crypto whales want to hold pi. And you can get a good rate for selling pi to them. I will leave the telegram contact of my personal pi vendor below.
A vendor is someone who buys from a miner and resell it to a holder or crypto whale.
Here is the telegram contact of my vendor:
@Pi_vendor_247
US Economic Outlook - Being Decided - M Capital Group August 2021.pdfpchutichetpong
The U.S. economy is continuing its impressive recovery from the COVID-19 pandemic and not slowing down despite re-occurring bumps. The U.S. savings rate reached its highest ever recorded level at 34% in April 2020 and Americans seem ready to spend. The sectors that had been hurt the most by the pandemic specifically reduced consumer spending, like retail, leisure, hospitality, and travel, are now experiencing massive growth in revenue and job openings.
Could this growth lead to a “Roaring Twenties”? As quickly as the U.S. economy contracted, experiencing a 9.1% drop in economic output relative to the business cycle in Q2 2020, the largest in recorded history, it has rebounded beyond expectations. This surprising growth seems to be fueled by the U.S. government’s aggressive fiscal and monetary policies, and an increase in consumer spending as mobility restrictions are lifted. Unemployment rates between June 2020 and June 2021 decreased by 5.2%, while the demand for labor is increasing, coupled with increasing wages to incentivize Americans to rejoin the labor force. Schools and businesses are expected to fully reopen soon. In parallel, vaccination rates across the country and the world continue to rise, with full vaccination rates of 50% and 14.8% respectively.
However, it is not completely smooth sailing from here. According to M Capital Group, the main risks that threaten the continued growth of the U.S. economy are inflation, unsettled trade relations, and another wave of Covid-19 mutations that could shut down the world again. Have we learned from the past year of COVID-19 and adapted our economy accordingly?
“In order for the U.S. economy to continue growing, whether there is another wave or not, the U.S. needs to focus on diversifying supply chains, supporting business investment, and maintaining consumer spending,” says Grace Feeley, a research analyst at M Capital Group.
While the economic indicators are positive, the risks are coming closer to manifesting and threatening such growth. The new variants spreading throughout the world, Delta, Lambda, and Gamma, are vaccine-resistant and muddy the predictions made about the economy and health of the country. These variants bring back the feeling of uncertainty that has wreaked havoc not only on the stock market but the mindset of people around the world. MCG provides unique insight on how to mitigate these risks to possibly ensure a bright economic future.
Empowering the Unbanked: The Vital Role of NBFCs in Promoting Financial Inclu...Vighnesh Shashtri
In India, financial inclusion remains a critical challenge, with a significant portion of the population still unbanked. Non-Banking Financial Companies (NBFCs) have emerged as key players in bridging this gap by providing financial services to those often overlooked by traditional banking institutions. This article delves into how NBFCs are fostering financial inclusion and empowering the unbanked.
Currently pi network is not tradable on binance or any other exchange because we are still in the enclosed mainnet.
Right now the only way to sell pi coins is by trading with a verified merchant.
What is a pi merchant?
A pi merchant is someone verified by pi network team and allowed to barter pi coins for goods and services.
Since pi network is not doing any pre-sale The only way exchanges like binance/huobi or crypto whales can get pi is by buying from miners. And a merchant stands in between the exchanges and the miners.
I will leave the telegram contact of my personal pi merchant. I and my friends has traded more than 6000pi coins successfully
Tele-gram
@Pi_vendor_247
2. General Equilibrium of Product and
Money Markets (4)
1 Derivation of IS curve
2 Derivation of LM curve
3 General Equilibrium of product and money
markets
3. General Equilibrium of Product and Money
Markets or IS-LM Model
What is the IS-LM model?
The IS-LM model, which stands for “investment-saving” (IS) and
“liquidity preference-money supply” (LM) is a
Keynesian macroeconomic model that shows how the market for
economic goods (IS) interacts with the loanable funds market (LM)
or money market.
It is represented as a graph in which the IS and LM curves
intersect to show the short-run equilibrium between interest
rates and output.
The IS-LM model describes how aggregate markets for real goods
and financial markets interact to balance the rate of interest and
total output in the macroeconomy.
4. 12.1 Derivation of IS curve
What is IS curve?
IS curve is an abbreviation of investment and saving curve. In
general equilibrium analysis, IS curve shows equilibrium in
the product market.
The IS curve depicts the set of all levels of interest rates and
national income (Y) at which total investment (I) equals total
saving (S). At lower interest rates, investment is higher,
which translates into more total output or national income
(Y), so the IS curve slopes downward and to the right.
Therefore, IS curve refers to the locus of various
combinations of interest rates (i) and national income (Y)
which shows the product market equilibrium of any economy.
5. Conditions for the Product Market
Equilibrium:
The product market is in equilibrium when desired
savings and investments are equal. Saving is a direct
function of the level of income, S= f (Y) … (1)
Investment is a decreasing function of the interest rate,
I= f (r) … (2)
From (1) and (2), we have S=I.
The IS schedule reflects the equilibrium of the product
market. It shows the combinations of interest rate and
income levels where saving-investment equality takes
place so that the product market of the economy is in
equilibrium. It is also known as the “real sector”
equilibrium.
8. In the diagram given on the previous page, in panel-A, it has been
shown that with a certain amount of investment at the i2 rate of
interest, the determined income level of income is 0Y2. The
combination between the same rate of interest and the income level
is represented by point B in panel-B. Now let us suppose that there
is a fall in the rate of interest from i2 to i1. Consequently, there is
an increase in investment which causes the AD curve to shift
upward where the 0Y3 income level gets determined as shown in
Panel-A.
The interest-income combination, 0i1 and 0Y3 represented by the
point C as shown in Panel-B. Similarly, with the rise in interest rate
from i2 to i3, there is a fall in investment resulting in a fall in
income level from 0Y2 to 0Y1. The interest-income combination 0
i3 and 0Y1 is represented by point A as shown in Panel B. When
all these interest-income combinations A, B, and C are joined
together with a smooth line, we get a downward-sloping curve
called the IS curve, as shown in Panel B.
9. Problem 1:
Given C= 10+0.5Y; I=200-2000i,
then find (i)IS equation.
(ii) Income (Y) when interest rate (i) is 0.10
Solution: We know, at equilibrium,
Y=C+I
Y = 10+0.5Y+200-2000i
Or, Y-0.5Y =210-2000i
Or, 2(0.5Y) = 2(210-2000i) (multiplying both sides by 2)
∴ Y = 420 -4000i (IS equation)
(ii) Income (Y) when interest rate (i) is 0.10
Y = 420-4000(0.10)=420-400=20
∴ Y = 20
10. What is LM curve?
LM curve is an abbreviation of the money demand(liquidity
preference, L) and money supply(M) curve. In general equilibrium
analysis, the LM curve shows equilibrium in the money market.
The LM curve depicts the set of all levels of national income (Y)
and interest rates (r) at which money supply equals money
(liquidity) demand. The LM curve slopes upward because higher
levels of national income (Y) induce increased demand to hold
money balances for transactions, which requires a higher interest
rate to keep money supply and liquidity demand in equilibrium.
Therefore, LM curve refers to the locus of various combinations of
interest rates (i) and national income (Y) which shows the money
market equilibrium of any economy.
11. Conditions for the Money Market
Equilibrium:
The money market is in equilibrium when the
demand and supply of money are equal. Denoting L
for money demand and M for the money supply, the
money market is in equilibrium when L=M. The
demand for money L=L1+L2 where L1 is the
transaction demand for money and precautionary
demand for money which is a direct function of the
level of income, L1 = f(Y). The L2 is the speculative
demand for money which is a decreasing function of
the rate of interest, L2=f(r). Thus in money market
equilibrium, M= L1 (Y)+ L2 (r).
12. Deriving the LM Curve:
The LM curve shows all combinations of interest rate and levels
of income at which the demand for and supply of money are
equal. In other words, the LM schedule shows the combinations
of interest rates and levels of income where the demand for
money (L) and the supply of money (M) are equal such that the
money market is in equilibrium.
The LM curve is derived from the Keynesian formulation of
liquidity preference schedules and the schedule of supply of
money. A family of liquidity preference curves L1Y1 L2Y2 and
L3Y3 is drawn at income levels of Rs100 crores, Rs200 crores,
and Rs300 crores respectively in Figure 4 (A). These curves
together with the perfectly inelastic money supply curve MQ
give us the LM curve.
13.
14. In the previous page, the panel A diagram vertical axis shows the
rate of interest ( R) and the horizontal axis shows the demand and
supply of money. In this panel, the MQ curve shows money
supply and R1, R2 and R3 depict the rate of interest whereas
L1Y1 (100), L2Y2 (200), and L1Y2 (300) show corresponding
money demand accompanied by national income(Y). This figure
clearly shows that with the increase in national income, there is a
corresponding increase in money demand. Likewise, the increase
in money demand causes an increase in the rate of interest.
national increases.
Likewise, panel B shows the locus of various combinations of the
rate of interest (R ) in the vertical axis and the level of national
income(Y) in the horizontal axis. After joining the locus points
K,S, and T we derive a positively slopped LM curve. In
conclusion, we can say that with the increase in GDP or national
income, money demand increases. The increase in money demand
causes increases in rate of interest.
15. Problem 2:
Given the following data about the monetary sector of the economy:
Md = 0.4 Y – 80i
Ms = 1200 crores.
where Md is demand for money, Y is level of income, ‘i’ is the rate of
interest and MS is the supply of money
Derive the equation for the LM function
What will be the rate of interest for income level Y=4000 crore and
Y=4400 crore
Give the economic interpretation of the LM curve. Draw the LM curve
from the above data.
Solution:
For the money market to be in equilibrium:
Md = Ms
0.4 Y – 80 i = 1200
80 i = 0.4 Y – 1200
i = (
𝟎.𝟒𝒀
𝟖𝟎
) – (
𝟏𝟐𝟎𝟎
𝟖𝟎
) (PTO)
16. i = (
𝟏
𝟐𝟎𝟎
)Y – 15 ….. (i)
Thus we get the following LM function:
i = (
𝟏
𝟐𝟎𝟎
)Y – 15
Alternatively, the LM equation or function
equation(1) above can also be stated as:
Y = 200i + 3000