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Macroeconomics is a branch of economics dealing with the aggregate economy as a whole, rather than individual markets.
7
votes
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Where do remittances come into play in the formula for GDP?
Gross domestic product (GDP) is the total value of output in an economy, this can be measured only by Output using this formula.
This method uses GDP = C + I + G + (X-M) where
C: Consumption (Househ …
3
votes
1
answer
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Central Banks and Price Stability
Are there any empirical studies on the question of whether independent central banks cause price stability?
I am seeking to understand if independence (of the central monitory authority) is part of …