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a) Explain the tools and objectives of monetary policy. Discuss the role of the central bank in managing the money supply and interest rates. b)
a) Explain the tools and objectives of monetary policy. Discuss the role of the central bank in managing the money supply and interest rates. b) Define fiscal policy and discuss its objectives. Explain the difference between expansionary and contractionary fiscal policy measures. c) Analyse the concept of automatic stabilisers and their role in stabilising the economy during economic fluctuations
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