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Consider interest increases in the coming few days, how does this contractionary monetary policy reflect on the macroeconomic equilibrium? Consider the economy was initially in
Consider interest increases in the coming few days, how does this contractionary monetary policy reflect on the macroeconomic equilibrium? Consider the economy was initially in an equilibrium condition and use graphs to reflect on this economic dynamics. Look into the Canadian economic condition following the recent interest rate increase as a measure of control for the ongoin inflationary condition. Was it fruitful contractionary policy? Why or why not? What happened? Use an actual evidence from news articles, economic reports and policy debates
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