What do you mean by arithmetic mean? How is it calculated
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The arithmetic mean or average of a set of values is the ratio of the sum of these values to the number of elements in the set. In other words, we add together the given values in a data set, and then divide that total by the number of given values. The arithmetic mean formula is given below.
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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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