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The automatic process in which the aggregate market eliminates a recessionary gap created by a short-run equilibrium that is less than full employment through decreases in wages (and other resource prices). The self-correction mechanism is triggered by short-run resource market imbalances that are closed by long-run price flexibility. The self-correction process of the aggregate market also acts to close an inflationary gap with higher wages (and other resource prices).
What else can I help you with?
What is the market for foreign currency exchange?
Question: What is the foreign currency exchange market?Ans:The main currency exchange market is Forex/FX. The market covers all the accepts of selling and buying currencies on the existing values. In terms of volume it is the largest currency market of the world.
How do you match a product with the type of market in which it is sold?
oil = commodity dollars = currency exchange market treasuries = bond market Corn and wheat-Commodity market Pesos and yen-Currency exchange market Munis and Treasuries-Bond market
What is Currency exchange market?
Its a market that is used to exchange or trade currencies of different countries.
What is an example of a purely elastic market?
currency exchange market
What best explains what happens to the exchange of a floating currency?
The exchange rate for that currency changes depending on the operations of the free market
What is the market for foreign currency exchange?
Question: What is the foreign currency exchange market?Ans:The main currency exchange market is Forex/FX. The market covers all the accepts of selling and buying currencies on the existing values. In terms of volume it is the largest currency market of the world.
What is forex exchange market?
Forex exchange market is a currency market and It is market for the trading of currencies.
How do you match a product with the type of market in which it is sold?
oil = commodity dollars = currency exchange market treasuries = bond market Corn and wheat-Commodity market Pesos and yen-Currency exchange market Munis and Treasuries-Bond market
What is Currency exchange market?
Its a market that is used to exchange or trade currencies of different countries.
How to name Forex market in other words?
currency exchange Fx market Foreign exchange market
What is the difference between the stock market and the currency exchange market?
Ownership in companies is traded in the Stock Market while ownership of foreign money is traded in the currency exchange market.
What is the differences between stock market and currency exchange market?
Ownership in companies is traded in the Stock Market while ownership of foreign money is traded in the currency exchange market.
What is an example of a purely elastic market?
currency exchange market
What best explains what happens to the exchange of a floating currency?
The exchange rate for that currency changes depending on the operations of the free market
Why is it possible to make money in the currency exchange market?
Exchange rates are always fluctuating.
Is it possible to make Money in the currency exchange market?
Exchange rates are always fluctuating.
What are some tips for currency exchange and trading currency on the foreign market?
There are several tips for currency exchange and trading currency on the foreign market. Some of these include understanding the strategies of the market, managing risks, to not expect to win on every trade, and to do lots of research on what the current statistics and data are.
