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The Central Bank of Argentina has committed to maintaining the money supply at its current level after decades of printing money in politically-driven monetary policy.
The Central Bank of Argentina has committed to maintaining the money supply at its current level after decades of "printing money" in politically-driven monetary policy. What, if anything, happens to inflation in the long run as a result of the increased taxes from Part A and the central bank commitment? Assume that the impact from Part A on consumption is larger than the impact on investment
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