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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Related Book For
Principles Of Macroeconomics
ISBN: 9780465016150
1st Edition
Authors: Joseph G. Nellis, David Parker
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