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Monetary policy means citizens have money to buy goods and services?
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∙ 13y ago
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Wiki User
∙ 13y ago
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What is wealth effect mechanism of monetary policy?
The wealth is a collection of property, money and finally, goods and services that a person possesses as assets.
What does monetary trade mean?
exchanging goods and/or services with the use of money
The monetary value of all goods and services of a country is known as its?
The answer is GNP.... D.
What are medieval blacksmith prices?
There may have been monetary costs, but just as often as not tradesman used barter as a means to exchange services for services, goods for services or goods for goods. In other words, they traded.
When an economy achieves the output of goods and services most desired by its citizens it is said to have?
When an economy achieves the output of goods and services most desired by its citizens, it is said tohave
What is trade policy?
Trade policy explains the way we can get goods and services to the customers.
The monetary value of all goods and services of a country known as its?
standard of value GNP
What is expenditure switching policy?
An expenditure switching policy is any action taken by a government which is designed to persuade purchasers of goods and services both at home and abroad to purchase more of that country's goods and services and less of the goods and services produced by others.
What is unit of account?
A standard monetary unit of measurement of the value of goods and services. Example: money
Public goods can best be described as benefits and services?
Public goods can best be described as services provided by the government to benefit all citizens.
A trade policy is a government policy?
that directly influences the quantity of goods and services that a country imports or exports.
A system that produces more goods and services than citizens can consume?
A.Economy of abundance
