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Problem 1:
(a) Explain the meaning of inflation.
(b) "Inflation is always and everywhere a monetary phenomenon." Discuss this statement.
(c) Briefly explain the link between budget deficits and inflation.
Problem 2:
Determine the monetary policy tools that the Central Bank can use to manipulate the money supply and assess the effectiveness of each of the policies.
if a bank has $6000 in checkable deposits and the required reserve ratio is 0.2 then the bank can lend how much money?
GENERAL PRINCIPLE OF EXTRACTION OF METALS
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Zac consumes only pizza and chianti. He consumes these goods in fixed proportions: 2 slices of pizza for one glass of chianti. His income is $100 per week. a. Derive demand func
Surplus The surplus is a condition under that supply for a good or service is in excess of the demand for that good or service. When this happens, there is commonly a reduction
#i need more light about it..
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