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The different monetary policy strategies that federal banks may consider. Imagine that you are the leader of Bank of Canada's economic policy advisory board. Following

The different monetary policy strategies that federal banks may consider. Imagine that you are the leader of Bank of Canada's economic policy advisory board.

Following are two monetary policy strategies that you would suggest be implemented.

Expansionary Monetary Policy

Contractionary Monetary Policy

Explain why exactly you would implement these two monetary policy strategies.

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Recommended Textbook for

Money Banking and Financial Markets

Authors: Laurence M. Ball

2nd edition

1429244097, 978-1429244091

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