One of the characteristic features of the process of market reform in post-communist countries is the sharp (if not explosive) aggravation of regional disproportions, which became one of the most important factors and components of the deep socio-economic transformation crisis that was growing in these countries, the scale and duration of which exceeded all even […]
Tag: coins
Overall macroeconomic equilibrium
Aggregate Demand and Aggregate Supply Model (AD-AS) The equilibrium of supply and demand in the national economy is reached at the intersection of the aggregate demand and aggregate supply curves (Figure 8.2). Suppose the price level is P1. At this level, supply would be Q1 and demand would be Q2. Since demand exceeds supply, competition […]
The concept, goals, forms and methods of monetary policy
There is market and government regulation of the exchange rate. Market regulation based on competition and the laws of value, as well as supply and demand, is carried out spontaneously. State regulation is aimed at overcoming the negative consequences of market regulation of foreign exchange relations and achieving sustainable economic growth, balance of payments, reducing […]