Milkwood Land's real GDP in 2022 was R60 000. The relevant money-demand curve was the one labelled MD2. If the money market was in equilibrium, then how many times per year was the typical Rand used to pay for a newly produced good or

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Price Ceilings and Price Floors

Price Ceilings and Price Floors strategy is used by the Government to control the prices of certain goods and services in the market. This method helps the Government to protect the interests of both buyers and suppliers in difficult economic times.