The central bank announces a cut in its (short-term) interest rate from 5 per cent to 4

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The central bank announces a cut in its (short-term) interest rate from 5 per cent to 4 per cent. Discuss the possible effects for

(a) the economy as a whole and

(b) an indi- vidual firm that has a large export business.

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Principles Of Macroeconomics

ISBN: 9780465016150

1st Edition

Authors: Joseph G. Nellis, David Parker

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