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Importance of macroeconomics models
Using the models we can, for example, analyze what happens when the government increases consumption, when the central bank increases the target interest rate and when domestically produced goods do well in foreign markets. We can also understand important observations of the economy, such as cyclical fluctuations in growth, correlation between unemployment and inflation and the relationship between interest rates and foreign exchange rates.
discuss different forms of foreign exchange regimes
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what are the effects of interest rate in the economy of south africa in unemployment, economic groth, employment. and economic growth
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