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In his theory, money supply is controlled by the central bank and is an exogenous variable with no interest rate elasticity. At this point, monetary demand depends on people's psychological "liquidity preference". The Christmas season is a time that you will certainly wish to spend with your family and friends. It is not even the sharing of gifts that matters, while you cannot discount the wide smiles it brings. It is the presence of folks you worry about when you celebrate the season?s highlight, Christmas Eve. You should be prepared with some activities that can carry on the fun in mid-air and prevent what every party host fears most, that's boredom. One of the wonderful activities you can do is to possess everyone sing in unison all the Christmas songs they know. An open market enables enterprises to compete and cooperate with each other on a larger scale and at a higher level to promote economic development.