Country Switzerland Australia Belgium Singapore Finland Germany South Korea Kuwait Vietnam Russia Pakistan United States Price in dollars 184.74 127.85 125.36 121.23 119.11 115.47 112.39 102.33 94.31 80.54 28.96 113.45 X-Rate $1 = 0.89 1.57 0.94 1.37 0.94 0.94 1344 0.31 24550 93.45 279.5 1 This would be foreign currency

Country Switzerland Australia Belgium Singapore Finland Germany South Korea Kuwait Vietnam Russia Pakistan United States Price in dollars 184.74 127.85 125.36 121.23 119.11 115.47 112.39 102.33 94.31 80.54 28.96 113.45 X-Rate $1 = 0.89 1.57 0.94 1.37 0.94 0.94 1344 0.31 24550 93.45 279.5 1 This would be foreign currency

Economics Today and Tomorrow, Student Edition

1st Edition

ISBN:9780078747663

Author:McGraw-Hill

Publisher:McGraw-Hill

Chapter20: The Global Economy

Section: Chapter Questions

Problem 9AA

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The Bangladesh Bank has created additional money worth Tk70,794 crore through variousrefinance schemes and easing regulatory requirements after the Covid-19 outbreak in March forstimulating demand to revive the declining economy. (link:https://tbsnews.net/economy/banking/bangladesh-bank-creates-money-worth-over-tk70000cr-revive-economy-76435?fbclid=IwAR108OXKcbXq6JjZj6v9FbULrDtys_QsZySUTKeAmauoqTjppgnLqU89muw#.Xq5kdXhgRqq.facebook).Do you think creating this additional money will lead to inflation? What type of inflation,demand-induced or supply-induced? Do you think it will be continued inflation? Why? Draw arelevant diagram to explain your answer.
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The Bangladesh Bank has created additional money worth Tk70,794 crore through various refinanceschemes and easing regulatory requirements after the Covid-19 outbreak in March for stimulatingdemand to revive the declining economy (link: https://tbsnews.net/economy/banking/bangladesh-bank-creates-money-worth-over-tk70000cr-revive-economy-76435?fbclid=IwAR108OXKcbXq6JjZj6v9FbULrDtys_QsZySUTKeAmauoqTjppgnLqU89muw#.Xq5kdXhgRqq.facebook) What type of monetary policy is this? Expansionary or contractionary? Draw a diagram toexplain your answer.
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