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currency substitution theory
Introduction Currency substitution (also known as dollarization) occurs when a country adopts an internationally accepted currency, usually the US dollar, to replace its national currency as its primary medium of exchange and unit of account. Although this practice has been around for centuries, ......
tags: currency its us currency can foreign
13/07/2023
1044
Harrison
loanable funds theory
Money supply theory provides valuable insight into understanding how the economy works. It helps explain why the prices of goods and services rise and fall, and how the money supply affects investment behavior. This article will provide an in-depth overview of money supply theory, including a disc......
tags: money supply prices financial disintermediation directly
07/07/2023
1052
Oliver
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