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Hep please stick on this question!!!! Lebanon is experiencing a major economic crisis. Public debt to GDP is currently over 170 % and public deficit

Hep please stick on this question!!!!

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Lebanon is experiencing a major economic crisis. Public debt to GDP is currently over 170 % and public deficit may be over 10 % of the country's GDP. While the economy has in part relied in remittances from Lebanese working abroad, major credit agencies have been downgrading Lebanon's credit worthiness and it is currently at default ('D' rating) - it stopped paying its debt. Nonetheless, since December 1997 the rate of the Lebanese pound has been fixed at 1507.5 pounds per USS Question 7 0.5 pts Given the above information, in terms of monetary policy Lebanon's central bank uses inflation targeting O Quantitative easing O the exchange rate as the nominal anchor O money supply growth as the nominal anchor

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