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he monetary policy is preemptive, so it's meant to go go into action before something has happened. OK, it's short run. It doesn't create long

he monetary policy is preemptive, so it's meant to go go into action before something has happened. OK, it's short run. It doesn't create long run economic growth. It's short run at best. OK and it's demand side policy. It aims to affect aggregate demand. OK. So by altering the cash interest rate, it affects aggregate demand, specifically the aggregate demand components

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