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1. What is time inconsistency? Why it is relevant to controlling inflation? 2. Which one, as an economic advisor to the government, would you give

1. What is time inconsistency? Why it is relevant to controlling inflation?

2. Which one, as an economic advisor to the government, would you give more importance to, as an objective of monetary policy, price stability or output stability and why?

3. What are macroprudential policies?

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