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IB Macroeconomics IA

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Macroeconomics IA on the news article Article link: Link: https://www.bankerafrica.net/en/home/articles/nigeria-cuts-key-rate-for-first-time-since-2015 Cut rates to 13.5% to 14% Monetary Policy: Expansionary Topics: interest rates, inflation, Expansionary monetary policy Boost: economy and employment, Relationship between interest rates and inflation and it’s consequences Diagrams: Use National output diagrams and discuss the combined effect of expansionary monetary policy on inflation, economic growth and unemployment Evaluation: will include effectiveness of Monetary policy to take inflation and its further effects on unemployment, Economic Growth, impact on the consumers, producers and society in short term and long term. what macroeconomic theories can be used? Interest rates push AD to the right cost push or demand pull – inflation Diagrams: 1. change in monetary policy shifts ADI curve (explain) 2. AD/AS diagram showing effect of an interest rates cut – expansionary money policy Link to how to structure an IA: https://www.ibmastery.com/blog/how-to-structure-an-economics-ia uploaded file: Nigerias statement

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