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The root word of economics is economy. Economy comes from the Greek oikos - home and nomos - managing. (Dkosopedia, 2006) Economy can be described as the current soundness of financial indicators such as jobs and job growth, economic productivity and output, and can also be measured by a vast range of other factors such as the trade deficit, national debt, GDP, and unemployment rates. In this paper, the effects of the monetary policy on macroeconomics, GDP, unemployment, inflation and interest rates will be discussed. Throughout the paper explanations of how money is created will be given along with discussing what monetary policies combination will achieve the goal of economic growth, low inflation, and a reasonable rate of unemployment, what combination of monetary policies will better accomplish this goal...
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Common topics in this essay:
- Controlling the Economy with Interest Rates Does it Accomplish the Task on the Consumer Side?
- Inflation
- Inflation
- Inflation
- Inflation
- Inflation
- Interest Rates in the Economy
- inflation
- inflation
- Will Inflation Be The Major Problem Of Hong Kong Economy
- inflation
- What actions might a government take in order to reduce the rate of inflation in the economy?
- Inflation
- Inflation
- inflation
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