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Equilibrium exchange rate |
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Equilibrium exchange rateExchange rate at which demand for a currency is equal to the supply of the currency in the economy.Equilibrium exchange rate Similar MatchesEquilibrium levelEquilibrium levelThe value taken on by an economic variable in equilibrium, as opposed either to some other value, or to its rate of change. Computable general equilibriumComputable general equilibriumRefers to economic models of microeconomic behavior in multiple markets of one or more economies, solved computationally for equilibrium values or changes due to specified policies. The equations are anchored with data from the countries being modeled, while behavioral parameters are either assumed or adapted from estimates elsewhere. EquilibriumEquilibrium1. A state of balance between offsetting forces for change, so that no change occurs. 2. In competitive markets, equality of supply and demand. Market equilibriumMarket equilibriumEquality of supply and demand. See equilibrium. Partial equilibriumPartial equilibriumEquality of supply and demand in only a subset of an economy's markets -- usually just one -- taking variables from other markets as given. Partial equilibrium models are appropriate for products that constitute only a negligibly small part of the economy. They are used routinely (not always appropriately) for analysis of trade policies in single industries. Contrasts with general equilibrium. Further SuggestionsBalance of payments equilibriumEquilibrium Two cone equilibrium Equilibrium rate of interest Nash equilibrium One cone equilibrium General equilibrium Equilibrium position Multi-cone equilibrium Disequilibrium Equilibrium price |
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