In the short term, if the central bank reduces the interest rate then what happens with GDP real and level of prices?
1
Expert's answer
2018-09-28T10:51:09-0400
In the short-term, if the central bank reduces the interest rate, then the GDP will decrease. At the same time, the level of prices will increase significantly because the money in circulation will increase.
Numbers and figures are an essential part of our world, necessary for almost everything we do every day. As important…
APPROVED BY CLIENTS
Finding a professional expert in "partial differential equations" in the advanced level is difficult.
You can find this expert in "Assignmentexpert.com" with confidence.
Exceptional experts! I appreciate your help. God bless you!
Comments
Leave a comment