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Overnight interest rate of Central banks
When the central bank buys government securities, it purchases from many individuals, companies and institutions. Deposits and reserves in most banks will increase. Therefore, most banks will want to lend overnight and this will drive down the overnight interest rate.
what does a weaker dollar to a) raise inflation and contract the economy b) reduce inflation and contract the economy c) raise inflation and expand the economy d) reduce inflation
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Ask question #Minimum 100 wordsThe following is the information from the national income accounts for a hypothetical country: GDP
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