Would the central bank need to intervene in a managed floating system? Explain why.
Managed floating system is a combination of two systems − fixed and floating exchange rate systems. It calls for the government or central bank to intervene when the need for the same is needed. The government or the central bank helps in moderating the exchange rate movements by purchasing and selling of foreign currency. Thus, to avoid dirty floating, the government exercises its power to intervene, whenever the need arises.
3. Ten rupees is the equilibrium price for good X. If government fixes the price at Rs.5, there is
4. Where can a person exchange his/her money into foreign currency?
5. Among Indian Economists who had done pioneering work on National Income
6. Which of the following is not considered a money market instrument?
8. Consumer surplus is highest in case of
9. The degree of monopoly power is measured in terms of difference between