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between fixed and floating exchange rates ill u 2. Discuss the possible impacts of a restrictive monetary policy on the housing market. What conditions (other

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between fixed and floating exchange rates ill u 2. Discuss the possible impacts of a restrictive monetary policy on the housing market. What conditions (other than a reversal of the monetary policy) may counteract these impacts on the housing market? Provide at least two examples. Assume this is a closed economy. (8 marks) iflation policies have benefited home owners

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