As the government of Türkiye has decided to lower the interest rate (Pitel, 2022), one important question that arises would be: what is the impact of the decision on the Türkiye economy? To answer the possible effect on Türkiye’s economy, the IS-LM theory in international macroeconomics can be applied as an explanation as it isContinue reading “On The Potential Effect of Türkiye’s Decrease in Interest Rate on Its Macroeconomic Outcomes”
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