a) Discuss briefly the history, legislation, function, remittance of the CMBT (SPK). While writing your answer, focus on its mission and how the Board runs and what it does to achieve the mission.
a) Discuss briefly the history, legislation, function, remittance of the CMBT (SPK). While writing your answer, focus on its mission and how the Board runs and what it does to achieve the mission.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question
a) Discuss briefly the history, legislation, function, remittance of the CMBT (SPK). While writing your answer, focus on its mission and how the Board runs and what it does to achieve the mission.
b) In a closed economy, savings and investments are interacted/coordinated.
• Who are savers and investors in this closed economy?
• How does financial (capital and money) market work?
• How does crowding out happen?
• Briefly discuss, by using I, S, G, T, X, M, how the scenario change when the economy is OPEN.
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