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1. Suppose the Central bank were required to conduct monetary policy so as to hold the inflation rate below 2%. What implications would this have

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1. Suppose the Central bank were required to conduct monetary policy so as to hold the inflation rate below 2%. What implications would this have for the economy? 2. Suppose you are hired as an economic advisor and you have been asked to provide policy recommendations that could improve the natural rate of unemployment in your country. Suggest two policies based on what you learned in the course. Fini 3. Explain how fiscal policy could be used to close an output gap. 4. Suppose you are hired as an economic advisor and you have been asked to provide policy recommendations that could improve the rate of economic growth in your country. In your recommendations, you should specify if your country is a developed country or a developing country. Suggest two policies based on what you learned in the course

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