Which of the following is false?

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a. In most developed countries, monetary and fiscal policies are conducted by separate independent agencies.

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b. Fiscal policy can impose an inflationary burden on monetary policy.

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c. In typical developing countries, monetary and fiscal policies are controlled by the same central authority.

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d. Using money to finance deficits has produced severe deflation in many countries.

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e. Monetary control is not possible until fiscal policy is under control.