How has the Fed has become the lender of the first resort in dealing with the pandemic?

Q: What may be the case of public finance during national pandemic

A: Public finance is analysing the government activities done for the economy. It includes government…

Q: what makes banks special domestically and what makes banks special globally ? scholarly citation…

A: Detailed explanation:Banks play a vital role in the functioning of both domestic and global…

Q: 1. Should international companies invest in countries with totalitarian regimes? Why?

A: Totalitarian regimes: It is a form of government which is not democratic and restricts the…

Q: What is financial repression and why does it exist?

A: Financial repression is the phrase used to describe policies used by governments to funnel money…

Q: Is the European Commission justified in its case against Google? Why or why not?Why are the actions…

A: Before answering the question we must have a knowledge about the case: Case: Google vs. European…

Q: Given the pandemic, how effective do you believe that the Monetary Policy tools will be in…

A: The question is based on the concept of Monetary policy as a tool to counter the bad effect of in…

Q: The Financial meltdown of 2008 was one of the greatest financial catastrophes that occurred in the…

A: The financial meltdown of 2008, also known as the Global Financial Crisis (GFC), was primarily…

Q: The COVID-19 pandemic has caused an unprecedented disruption to the global economy. The world is…

A: Prior to COVID-19, levels of domestic revenues and external  flows  to developing economies, in…

Q: What provisions in the Dodd-Frank Wall Street Reform andConsumer Protection Act are designed to…

A: The Dodd Frank Wall Street reform and consumer protection Act is a law for regulating financial…

Q: Where did global financial crisis begin?

A: After the great depression of 1930 the global financial crisis was seen in 2007-2008 based on…

Q: How did the U.S. government and Federal Reserve respond to the perfect financial storm in 2008-2009…

A: Federal Reserve action during the 2008 financial storm Provision of short-term loans to the bank as…

Q: What have we learnet from Asia Financial Crisis 1997? In the future, How to prevent this crisis?

A: The Asia financial crisis 1997 was a period, began in July 1997 and raised fear of worldwide…

Q: In your opinion, do we still need a regulator if the banks are collapsing anyway?

A: Federal and state governments have various organizations set up that control and administer…

Q: what actions did MFIs take in reaction to the pandemic? How has Covid 19 impacted the sustainability…

A: Microfinance institutions (MFIs) took various actions in response to the COVID-19 pandemic to…

Q: How did the role of government influence the 2008 crisis according Brian Wesbury? Explain why you…

A: The Federal Reserve is responsible for - conducting monetary policy control the money supply The…

Q: t is true or false Policy makers are pass laws and set fiscal and monetary policies?

A: The purpose of fiscal and monetary policy is to achieve- i) Full employment ii) High rate of growth…

Q: What is the ability to prevent the financial crises of the past in Jamaica?

A: Following the global financial crisis in 2009, Jamaica's economy underwent substantial economic…

Q: What are potential regulatory actions that should be taken to mitigate climate-related risks to…

A: Global warming and change in climatic patterns and events are negatively impacting our financial…

Q: Is cryptocurrency good for the economy of any country? Explain thoroughly.

A: Cryptocurrencies are digital or virtual tokens that use cryptography to secure and verify…

Q: Coronavirus is a BLACK SWAN event. Describe a Black Swan event, discuss its impact on the global…

A: Black swan event and its impact on the global economy: An event that cannot be predictable and that…

Q: Develop a good contingency plan to each of the following situations: 1. If a major competitor…

A: Answering the first 3 sub-questions as per Bartleby Guidelines: 1. If a major competitor withdraws…

Q: How did the 2008 global financial crisis end? What elements contribute to the US's ability to…

A: The Great Recession was indeed a dramatic drop in economic activity that occurred in the late 2000s.…

Q: safety net to safeguard the world financial system from the Asia-type o nternational Monetary Fund…

A: Introduction : In simple words, financial crisis refers to the situation in which the assets of any…

Q: What's the reason for the Lebanon financial crisis?

A: The Lebanon Financial crisis is an ongoing liquidity crisis impacting the nation of Lebanon and this…

Q: Why has Macro-prudential policy increased in use following the GFC? Provide explanations in detail…

A: The GFC refers to the Global Financial Crisis. It occurred in the year 2008 when the subprime…

Q: Discuss the how government can safeguard against financial instability

A: Financial instability could be a condition when problems within markets, institutions, or the…

Q: If the national debt increases, is it true that we need not worry about the debt as long as the…

A: National debt is the amount of money owed by the government. The government takes national debt in…

Q: Critically discuss the impact of the COVID-19 pandemic on financial reporting.

A: Financial reporting refers to the process of documenting and communicating a company's financial…

Q: Assess the impact(s) of the COVID-19 pandemic on the stock market in the United States.

A: The objective of this question is to evaluate the effects of the COVID-19 pandemic on the US stock…

Q: If we no longer use the federal deficit and debt as an excuse not to pass much needed policies and…

A: In finance federal deficit refers to that situation which the spending by the government exceeds its…

Q: Why traditional banking is a problem in this time of pandemic? Why people are turning to online…

A: Banking is a set of financial services related to cash management by a financial institution. These…

Q: To what political risks is Ford Motor Company exposed in south africa?

A: The problem statement wants to assess the political risk faced by the company in the country of…

Q: In the case of the 2008 Enron Scandal: How effective do you think the response to the Enron crisis…

A: The Enron scandal of 2008 was one of the most significant financial scandals of the 21st century. It…

Q: Assume that the DPI of a 10-year fund at the end of its 4th year is 1.1x and that, by that time,…

A: As in the given case, a standard fee refers to the annual management fee which is levied by the…

Q: Since the collapse of the Bretton Woods agreement in the 1970s the IMF & World Bank have played an…

A: The international financial market creates an opportunity for different countries to maintain cash…

Q: In the case of the 2008 Enron Scandal: What more could be done to further strengthen the regulatory…

A: The 2008 Enron scandal was a defining moment for corporate regulation, as it revealed the extent of…

Q: Why are FI's among the most regulated sectors in the world? When is net regularly burden positive?

A: The financial institutions should regulate the economy in an efficient manner. The financial…

Q: Give four reasons why it is necessary to regulate banks, especially after the COVID pandemic.

A: Regulations of banks refer to the rules, laws, and guidelines established by government authorities…

Q: you think that the pandemic has impacted the ability of firms to raise

A: Pandemic have impact on whole business scenario and financial conditions.

Q: If international trade barriers were removed, how would it impact the PPP and the IFE? Would they be…

A: A trade barrier is a governmental restriction on the movement of international products or services.…

Q: synthesize the effects of the COVID-19 pandemic on these three financial markets components

A: The COVID-19 pandemic had significant effects on various financial market components. The next steps…

Q: How do you relate development of global value chains in global economy and the causes of 2008…

A: The question is based on the concept global value chain and its role in crisis of 2008-09.

Functions of the Federal Reserve System

The Federal Reserve System looks after the financial activities and operations of the banking system. It is the apex body that has complete control over the banking regulations. All the guidelines regarding the banking system, money supply, and formulation of the monetary policy come under the purview of the Federal Reserve System. The New York Fed also helps in drafting the monetary policy and supervising the financial system.

Elastic and Inelastic Markets

Measuring the change in percentage of an economic variable with respect to change in a different economic variable is known as elasticity. This change in percentage results in a change in price concerning changes in other factors. In simple terms, when one factor brings a change to another factor, it is called elasticity.