Examlex
The switch to flexible exchange rates in 1973 has made the effect of monetary policy on net exports a ________ important component of the monetary policy multiplier process,and thus has ________ the effectiveness lag.
Random Variable
A variable whose values are outcomes of a random phenomenon, typically quantifying aspects of occurrences that are subject to random variations.
Exchange Rate
The value of one currency for the purpose of converting it into another currency.
Verb
A word used to describe an action, state, or occurrence, and forming the main part of the predicate of a sentence.
Essay
A short piece of writing on a particular subject, often expressing the author's personal viewpoint.
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