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Briefly discuss 1997-98 Asian Financial Crisis and how fixing one problem can make something else worse. Name policy tools (monetary vs fiscal, expansionary vs contractionary)
Briefly discuss 1997-98 Asian Financial Crisis and how fixing one problem can make something else worse. Name policy tools (monetary vs fiscal, expansionary vs contractionary) that you are proposing to use, and discuss how these policies impact money supply, interest rate, and exchange rates.
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