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Essay

Economy in El Salvador

Essay specific features

 

Issue:

Business

 

Written by:

Chester D

 

Date added:

November 17, 2011

 

Level:

University

 

Grade:

A

 

No of pages / words:

8 / 2197

 

Was viewed:

4155 times

 

Rating of current essay:

 
Essay content:

dollars. This way, the government has formally limited its possibility of implementing open market monetary policies to influence short term variables in the economy. Since 2004, the colon stopped circulating and is now never used in the country for any type of transaction; however some stores still have prices in both colones and U...
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dollars. In general, people were unhappy with the shift from the colon to the U.S. dollar, because wages are still the same but the price of everything increased. Some economists claim this rise in prices would have been caused by inflation regardless even had the shift not been made. Some economists also contend that now, according to Gresham's Law, a reversion to the colon would be disastrous to the economy...
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General issues of this essay:
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