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If monetary authorities want to be activists and affect the GDP of a country, what monetary policy tools do they have at hand to do
If monetary authorities want to be activists and affect the GDP of a country, what monetary policy tools do they have at hand to do so. Define and explain each of the policy tools.Use text boxes to build a schematic diagram that shows the entire chain of causation resulting in a change in GDP or Y.explain and describe the logical chain of causation.If the monetary authorities want an "expansionary policy" describe how each of the listed instruments would be used.
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