4 relations: AD–AS model, Exchange rate, Inflation, Macroeconomic model.
AD–AS model
The AD–AS or aggregate demand–aggregate supply model is a macroeconomic model that explains price level and output through the relationship of aggregate demand and aggregate supply.
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Exchange rate
In finance, an exchange rate is the rate at which one currency will be exchanged for another.
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Inflation
In economics, inflation is a sustained increase in price level of goods and services in an economy over a period of time.
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Macroeconomic model
A macroeconomic model is an analytical tool designed to describe the operation of the economy of a country or a region.
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