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The euro area consists of those Member States of the European Union that have adopted the Euro as their currency. Monteray policy regarding the Euro is conducted by the European Central Bank.
Classical economics refers to work done by a group of economists in the eighteenth and nineteenth centuries. They developed theories about the way markets and market economies work. The study was prim…
Real Business Cycle models account for business cycle fluctuations as efficient responses to real economic exogenous changes or shocks
the challenge of identifying the targeted channel or mechanism. Mostly, this is about disentangling correlation and causation.
Topics related to demographics (including population, marriage, fertility, family economics). Covers JEL code J1.
The simultaneous buying and selling of securities, currencies, or commodities in different markets in order to take advantage of differing prices for the same asset.
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