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Topic 1. Discuss how, under certain conditions, monetary policy is ineffective in pushing the economy out of a recessionary gap. Topic 2. Country A wants

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Topic 1. Discuss how, under certain conditions, monetary policy is ineffective in pushing the economy out of a recessionary gap. Topic 2. Country A wants to raise the value of its currency on the foreign exchange market. Discuss how, under a flexible exchange rate system, country A can do this.

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