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a) What are the channels of the monetary transmission mechanism? How do these channels affect the real economy? b) What is the potential output? c)

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a) What are the channels of the monetary transmission mechanism? How do these channels affect the real economy? b) What is the potential output? c) What is the P-star model?

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-\\- - '1 a) What are the channels of the monetary transmission mechanism? How do these channels affect the real economy? (20 marks) b) What is the potential output? (3 marks) c) What is the P-star model

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