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Question a. Country Z is facing a problem of high inflation. Using a concept of final exam discuss why high inflation might be problematic. b.
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a. Country Z is facing a problem of high inflation. Using a concept of final exam discuss why high
inflation might be problematic.
b. Discuss in detail how contractionary monetary policy can be used to tackle the problem of high
inflation. Use the AD-AS model (diagram) in your answer.
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