A
The formula of velocity of money and explain it by terms.
V= P*Y/M
V= velocity
P*Y= total spending
M= the quantity of money
First commercial bank in Uzbekistan?
NBU
Who is the Chair of the Federal Reserve?
Jerome Powell
Interest rate of Uzbekistan at the current time?
15%
Inflation rate of Uzbekistan?
12.2%
Calculate the exchange rate of EURUSD at the rate 1.03929 at the amount of 100 euros to dollars?
103.929
Who is the chair of the Central bank of Uzbekistan?
Mamarizo Numuratov
Calculate the equation. AUDUSD*USDCHF?
AUDUSD=0.67455
USDJPY=139.077
93.81439
How many AUD is required to reach 100 USD?
AUDUSD rate=0.67455
148.2469
Abbreviation of CPI
CONSUMER PRICE INDEX
THE CHAIR OF ECB?
300 points bonus KRISTIN LAGARD
1 oz is equal to …. grams of gold
31.1
Evolution of money step by step
Barter system-Commodity
money-Paper money-Demand
deposits-E-money
What does M1 money aggregate include?
M1=Currency+Demand deposit+Traveler's check+other checkable deposits
how many types are there metallic money system?
2 types bimetallism and monometallism
What is the "T-account" ?
a simplified accounting statement
that shows a bank’s assets & liabilities.
The Central bank of Uzbekistan commonly uses three strategies for monetary policy including.....
reserve requirements, the policy rate, and open market operations.
the funds that banks must retain as a proportion of the deposits made by their customers to ensure that they can meet their liabilities?
Reserve requirements
What is monometallism?
Monometallism- is based gold or silver
coins into circulation.
What is bimetallism?
Bimetallism is based
on gold and silver
coins into circulation.
Value of silver coins
are decreased
because of finding
silver mines. As a
result, a single gold
coins in circulation.