Correct answer
C. real balance effect.
Explanation
The correct answer is real balance effect..
The low-income economies generally have the following except?
“Term bond” are bonds whose principle is payable at maturity. What does mean by Term certificate?
In a developing nation people start to obtain good jobs Then inflation cuts their income the people begin to feel________?
What is called the difference in the value of a nation’s imports over exports or exports over imports?
What is called a country’s total financial obligations to the rest of the world?
According to Blau and Duncan occupational upward mobility is greatly influenced by________?