Hi To All !!! Thankx God there is a place like this !!! Wanna knows guys if you can give me a hand with this...
I need to know all about this:
What does the Monetary Authority (the National Bank) of every country determines when the Economy is opened and also when the economy is closed ?. And when the economy is opened, what does it determines when the type of change is flexible and what, when it is a fix change ?. The same as this, but when it is a closed economy... When I talk about the Monetary Authority, I mean for ex. the BCRA (Banco Central de la Nacion Argentina) or in english: "The National Bank of the Argentinia Republic"... I am putting this example because I live in Argentina; just because that... I dont know the case in others countries...
HOPE someone is studying ECONOMY !!! :d

well macroni is served best with cheese.


thank you

that is all

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Eh Vinny so my dads says to me, cut ur hair u spikey freak! can u believe that goomba?

quote:

Originally posted by djzero2k Hi To All !!! Thankx God there is a place like this !!! Wanna knows guys if you can give me a hand with this... I need to know all about this: What does the Monetary Authority (the National Bank) of every country determines when the Economy is opened and also when the economy is closed ?. And when the economy is opened, what does it determines when the type of change is flexible and what, when it is a fix change ?. The same as this, but when it is a closed economy... When I talk about the Monetary Authority, I mean for ex. the BCRA (Banco Central de la Nacion Argentina) or in english: "The National Bank of the Argentinia Republic"... I am putting this example because I live in Argentina; just because that... I dont know the case in others countries... HOPE someone is studying ECONOMY !!! :d

ackk, i cant read accented english talking about economy

sorry

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quote:

Originally posted by dieselbambino69 well macroni is served best with cheese. thank you that is all

i couldnt have said it better myself

oh.. putting some ketchup on top is quite the delecacy(sp?)

i took macroecon but i dont think i did any of the stuff ur talking about.

use google for all your answers

btw unrelated, what i remember was argentina used debt financing for its problems, since i see you are from argentina, is that right?

teh US is a open economy with the currency floats and china is a closed i think. THe monetory authority determines teh lending rate(prime rate) to the banks, they lend money to banks and ..........

did u try google???

alright macroeconomy is like this right. ok like u know what economy is right. its got to do with markets and money and stuff. and u know what micro is right? like really really small. well macro is like REALLY FUCKIN small man. so i guess macroeconomy is a REALLY FUCKIN SMALL economy.

ok
thnk u

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Eh Vinny so my dads says to me, cut ur hair u spikey freak! can u believe that goomba?

The monetary policy that your country (along with many other countries) can use is to either INCREASE or DECREASE the money supply.

If a countries economy is doing well (no, not yours) then the central bank of that country will reduce the money supply to prevent inflation from going further and to try and slow things down, also increasing interest rates. If an economy is doing bad (*points at Argentina*) then the central bank must INCREASE money supple to try and stimulate growth. Also decreasing interest rates in the hopes that people will borrow more money.

quote:

Originally posted by dieselbambino69 alright macroeconomy is like this right. ok like u know what economy is right. its got to do with markets and money and stuff. and u know what micro is right? like really really small. well macro is like REALLY FUCKIN small man. so i guess macroeconomy is a REALLY FUCKIN SMALL economy. ok thnk u

That made me laugh so hard for some reason

in the words of my illustrious macro uni prof the three rules about macro econ

1. it depends on supply
2. it depends on demand
3. it depends on supply & demand

when you understand this you've got an A

and I sorta created a 4th rule about macro economics

4. Never talk about macro economics

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1776

im studying for macroeconomics final i have tomorrow, but please reword your post, i dont understand what you are talking about