Macroeconomic Impact on Business Operations

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Issue:

Technology

 

Written by:

Guadalupe N

 

Date added:

February 28, 2016

 

Level:

University

 

Grade:

A

 

No of pages / words:

7 / 1687

 

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4493 times

 

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Essay content:

Monetary policy is categorized into two types; concrationary and expansionary. Concrationary (tight) monetary policy aims to reduce the amount of money circulating through the economy, and reduce short-term economic growth in exchange for higher (hoped-for) long-term growth. Expansionary (lose) policy, on the other hand, aims to increase the money supply and increase short-term economic activity at the expense of long-term economic activity...
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(Nematnejad, Aaron, 2008) The primary measure of the economy’s performance is the annual total output of goods and services, or as the process is called, the aggregate output. Aggregate output is labeled gross domestic product (GDP): the total market value of all final goods and services produced in a given year...
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