The central bank of the People's Republic of China (PRC)
Not what you're looking for?
Can you please assist me with selecting a major TRADE partner (COUNTRY) for the US and research if they have a CENTRAL BANK in charge of Monetary Policy just as we have the FEDERAL RESERVE in the U.S. Discuss the latest change this central bank made to interest rates in that country and briefly discuss why.
Purchase this Solution
Solution Summary
The central bank's role in monetary policy in People's Republic of China (PRC).
Solution Preview
The People's Republic of China (PRC) is a major trading partner for the United States. Its central bank is called the People's Bank of China (PBOC) and it manages the Chinese economy through open market operations, in the same way that the Federal Reserve manages the economy of the United States. Its governor is approved by the President of the PRC, ...
Purchase this Solution
Free BrainMass Quizzes
Economic Issues and Concepts
This quiz provides a review of the basic microeconomic concepts. Students can test their understanding of major economic issues.
Elementary Microeconomics
This quiz reviews the basic concept of supply and demand analysis.
Pricing Strategies
Discussion about various pricing techniques of profit-seeking firms.
Economics, Basic Concepts, Demand-Supply-Equilibrium
The quiz tests the basic concepts of demand, supply, and equilibrium in a free market.
Basics of Economics
Quiz will help you to review some basics of microeconomics and macroeconomics which are often not understood.