Macroeconomic Impact on Business Operations

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Issue:

Book Reports

 

Written by:

Gilbert C

 

Date added:

November 26, 2015

 

Level:

University

 

Grade:

A

 

No of pages / words:

6 / 1525

 

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1991 times

 

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Such factors are GDP, which stands for gross domestic product, unemployment, inflation, and interest rates. The monetary policy affects all sorts of economic and financial decisions that consumers tend to make. The goal for monetary policy is to achieve and main price-level stability, full employment and economic growth (McConnell and Brue, p...
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268). It affects the consumer when they are trying to obtain a loan to purchase a new house or car or to even start a company, whether to expand a business or whether saving money in the bank. Furthermore, because the United States is the largest economy in the world, its monetary policy also has significant economic and financial effects on other countries...
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