The policy combination of tight monetary policy to discourage inflation and lax public finance to encourage real growth during Ronald Reagan's presidency.
The real effective exchange rate (REER) is the exchange rate of a country’s currency against a weighted combination of other currencies, adjusted for relative consumer prices, and reflects the overall competitiveness of the country.
A comprehensive exploration of the term 'Real Variable,' its significance, context, and application in economics. Contrasts with Nominal Variable and inclusion in major economic frameworks.