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Even before Fernando Henrique Cardoso become president he created a new currency: "The Real", and forced a parity with the dollar....
1 dollar = 1 real
This stimulated business man and the population, in few months the internal consumption was growing... But they had fear of the inflation.
So in the next year, this time being president he increased the interest rate, cooling the economy.
And to cut costs he privatised some SOEs
What else can I help you with?
What impact did Nicholas Biddle's policies have on the economy during his tenure as president of the Bank of the US?
they helped stabilize the economy
Is Brazils economy good or bad?
Extremely bad
HOW CAN WE STABILIZE THE ECONOMY IN EURPPE?
How can we stabilize economy in europe
What has the author Jacob Newton Cardozo written?
Jacob Newton Cardozo has written: 'Notes on political economy (1826)' -- subject(s): Economics, Rent (Economic theory)
Which is not a goal of policymakers pursuing to stabilize the economy?
Stable productivity is not a goal of policymakers pursuing to stabilize the economy. The economy, broadly defined, is the wealth and resources of a nation.
Why did Eisenhower stabilize the economy?
because he is a wierd do
Why do you think the main basis of Brazils colonial economy changed over the years?
because they have had different people in charge.
What is a sentence with stabilize?
I must stabilize this aircraft before it disintegrates.
What helped stabilize the economy of the Virginia colony?
Tobacco
What initial actions did Roosevelt take to stabilize the economy?
no
Which of these was the target of President Roosevelt's promise to reform?
The primary targets of President Roosevelt's reform were corporations, conservation, and protection of consumers.
What best describes the Brazilian miracle of the 19070s?
Brazil's economy grew at a very rapid rate
