El Quetzal charge. On 23 April 1961, church construction was completed and it was opened and blessed by San Marcos dioceses Bishop, Celestino Fernández. Father López Nadal led the parish until 25 January 1964, when father Juan Van Der Vaeren took his place. In 1965, El Quetzal was elevated to parish and had its own priest, leaving La Reforma. El Quetzal has tropical monsoon climate (Köppen: "Am"). El Quetzal El Quetzal () is a municipality in the San Marcos department of Guatemala. It was recognised as municipality on 19th of June 1900. The major source of income is the agriculture. "La Inmaculada
Monetary policy of the Philippines low. Errors in CPI measurement could lead to ineffective and unsuitable monetary policy response by the BSP which definitely result to detrimental effects to the economy. Another issue arising from monetary policies is the liquidity trap. This happens when inflation rate declines too much leading to a threat of deflation. Liquidity trap is defined as a situation in which there are zero nominal interest rates, persistent deflation and deflation expectations. In the event this occurs, bonds and money earn the same real rate of return thus making people indifferent to holding bonds or excess money. Given high budget deficits, the