Discuss the various economic and social factors which contribution to the process of renaissance and reformation
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The monetary transmission mechanism is the process by which asset prices and general economic conditions are affected as a result of monetary policy decisions. Such decisions are intended to influence the aggregate demand, interest rates, and amounts of money and credit in order to affect overall economic performance.
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With less export and more import prices there will be Balance of Payments difficulties as country A cannot pay for its imports. ... The country that experienced inflation would have a weaker currency, so the cost of their exports would be cheaper. Foreigners would by more of their goods because the goods would be cheaper.
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