Archive for the ‘Economics’ Category
Amber E asked:
A. Why aren’t credit cards part of the money supply?
A. Why aren’t credit cards part of the money supply?
B. How can the Fed affect teh money supply by using the discount rate?
Jazmine Gavia
Joe asked:
I can’t understand how it is possibly good for people to pay an interest rate of 25% or more per year on credit cards.
I can’t understand how it is possibly good for people to pay an interest rate of 25% or more per year on credit cards.
How can people who are relatively “poor” benefit from paying such outrageous interest rates?
I can understand how the credit card companies love to try to get rich off of those people. But, exactly how can anyone justify even allowing people with a lousy financial situation to hurt themselves even more?
Zoe Zeff
??????? ??????? ??????? asked:
Suppose that changes in bank regulations expand the availability of credit cards so that people need to hold less cash.
Suppose that changes in bank regulations expand the availability of credit cards so that people need to hold less cash.
How does this event affect the demand for money?
If the Fed does not respond to this event, what will happen to the price level?
If the Fed wants to keep the price level stable, what should it do?
Corinna Brasswell