Class Notes (1,100,000)
CA (630,000)
UTSC (30,000)
Lecture 6

Lecture Note for ECMB06, Lecture 6

by OC2

Department
Economics for Management Studies
Course Code
MGEB06H3
Professor
Jack Parkinson
Lecture
6

This preview shows half of the first page. to view the full 2 pages of the document.
2XWOLQH
 4705HVXOWV4XDQWLW\0RQH\06±RQO\HIIHFWQRPLQDO WKLQJV
&RVWVRI ,QIODWLRQ
&ODVVLFDO'LFKRWRP\ ± /5RQO\
 &KDS  ± 8QHPSOR\PHQW LQWKH /5DQG EH\RQG
/DERXU IRUFH GHILQLWLRQV VWDWLVWLFV
)ULFWLRQDO  6WUXFWXUDOXQHPSOR\PHQW
5HDOZDJH ULJLGLW\
'HULYDWLRQ RI WKH /5XQHPSOR\PHQW UDWH
470
5
0[9 3[<9FRQVWDQW0 3[< FRQWURO QRPLQDO*'3
5
0[9 3[<9< FRQVWDQW 0 3FRQWURO QRPLQDOSULFH OHYHO /5
5
0 3 !5HDO PRQH\VXSSO\ 03
5
¨00¨99 ¨33¨<<
,Q/5¨< ¨9
¨00 ¨33 ¨00¨99¨<<
,QWKH /5 JLYHQ¨<<DQG ¨99WKHQ¨0606GHWHUPLQHV ¨33
0G 3[<9 0 06
5
)LVKHU(TXDWLRQ
L U
6 ,GHWHUPLQHVULQORQJ UXQ
 *LYHQ¨99DQG ¨<<WKHQ¨00GHWHUPLQHV
 7KH FHQWUDOEDQN VHWVDQG JLYHQU LQGHSHQGHQW RI 06 WKXV VHWVQRPLQDO
LQWHUHVWUDWH
5
([$QWH)RUZDUGORRNLQJÆL U($
([3RVW%DFNZDUGORRNLQJÆL U(3
 6 ,VHWVU($
 ¨0606¨99±¨<<
7KH FHQWUDOEDQN LQIOXHQFHVHLQGLUHFWO\ WKXV LQIOXHQFHVWKH VHWWLQJ RI L
 H!U(3 U($!5HDO LQWHUHVWFDQEH QHJDWLYH
 !H!ERUURZ JDLQVOHQGHUORVHV
 !ERUURZHUORVHVOHQGHUJDLQV
www.notesolution.com
You're Reading a Preview

Unlock to view full version