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Explain monetary policy, its role, and its effects on short- and long-term economic fluctuations. Use the aggregate demand and supply model. Explain each of the
- Explain monetary policy, its role, and its effects on short- and long-term economic fluctuations. Use the aggregate demand and supply model.
- Explain each of the tools that exist in expansionary monetary policy and contractionary monetary policy.
- Explain the effects of expansionary and contractionary monetary policy on income and the price level.
- Using the premise presented as a basis, he argues about the intervention of monetary policy as instruments to promote growth, sustainability and economic stability in a country. (Offers an example).
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