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Q. How did the international monetary system influence macroeconomic policy-making and performance during the post-World War II years during which exchange rates were fixed under t
What are the predictions for the long run of the Monetary Approach? Answer: Money supplies- Known the equations
discuss the superiority of haberler''s theory of opportuinity cost over mill''s theory reciprocal demand?
Q. What are the main factors determining the aggregate money demand? Answer: Three major factors: the price level, interest rate and real national income. A increase i
Q. Use the II - XX framework in order to show graphically how inflation can be imported from abroad unless exchange rates are adjusted. Answer: Suppose that the home economy is
Detail about offer Curves
Q. What types of international transactions are recorded in the balance of payment accounts? Answer: Three kinds' transactions that involve exports and imports of goods and s
Q. "Even under flexible exchange rate regime, governments should not be indifferent to the behavior of inevitably and exchange rates surrendered some of their policy autonomy in o
What does SRC stand for?
discuss the possibility of trade if factor endowment are identical and tasde is different
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