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| Topic: |
Business
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| Number of pages / Number of words: |
3 / 600 |
Essay's paper body
He must think about a long-term strategy, execute the first step of that strategy, and then watch. He must be flexible and prepared to modify or even abandon the strategy if things look to be going wrong or if new information becomes available.
The decision maker must understand the concepts of monetary policy and use this understanding to monitor past trends of monetary measurement and forecast the result of changing the money supply...
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This will have an effect on investment with a change in a composite long-run interest rate. Analyze the impact on aggregate demand when investment changes, and be aware that consumption activity is also responsive to changing interest rates. Falling interest rates will increase consumption. The rate of unemployment must also be checked...
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