The subject is Macroeconomics: I’d like the answer to be a rather long rant instead of short and tangible.
Great Britain is for the third year in a row preparing for Brexit. The great insecurity for the future has introduced great fluctuations in their exchange-rate and of fear capital flight. Therefore, the Bank of England has chosen to increase the rent of allowance.
1) Analyse how an increase in rent of allowance will affect the exchange rate and the economy of Great Britain.
2) What will it mean for this kind of policy, if the large trading partner, the USA, will start to run a more expansive money policy?
The subject is Macroeconomics: I’d like the answer to be a rather long rant instead of short and tangible. Great Britain...
The subject is Macroeconomics: I’d like the answer to be a rather long rant instead of short and tangible. Many European banks have received large fines for their involvement in money laundering during recent times. Therefore, the banks need to increase their income to be able to pay off the fines. One way of doing so is by increasing their rent of allowance. Analyse the effect in Denmark in the medium run, should the banks increase their rent of allowance....