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What Are the TKIP Major Components

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What are the TKIP major components?


Definitions:

Open Market Sales

Operations by a central bank to sell securities in the open market to decrease the money supply in the economy.

Equilibrium Value

A state in which market supply and demand balance each other, and, as a result, prices become stable.

Price Level

An index of the average prices of goods and services throughout an economy, often used to measure inflation.

Nominal GDP

The gross domestic product measured in current prices, without adjustment for inflation.

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