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A) Producing the combination of goods most desired by society
Answer:
straight land contract
Explanation:
Based on the information provided within the question it can be said that the type of contract that is being illustrated in this scenario is a straight land contract. This is a contract where the interest cannot be overrided and payments are not specific, meaning that you can go paying the contract off little by little but the interest will adjust accordingly.
Answer:
They are Called target groups
Explanation:
He has the wrong answer
The monetary approach states that the exchange rate is determined by the supply and demand for national currency stocks, as well as the expected future levels and rates of growth of monetary stock.
The monetary approach postulates that the rates of exchange are determined by the balancing of the total demand and supply of the national currency in every country.
According to this approach, the demand for money depends largely upon the level of real income, the general price level and the rate of interest.
The demand for money is the direct function of the real income and the level of prices. On the other hand, it is the inverse function of the rate of interest. When taken into consideration, the supply of money, it is determined autonomously by the monetary authorities of different countries.
To know more about monetary approach here:
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