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User Consider the following article. South Korea should maintain current monetary, fiscal policies, IMF says (Source: https://www.reuters.com/markets/asia/south-korea-should-maintain-current-monetary-fiscal-policies.imf-savs-2023 09-06/) (a) The article states that South Korea

User Consider the following article. South Korea should maintain current monetary, fiscal policies, IMF says (Source: https://www.reuters.com/markets/asia/south-korea-should-maintain-current-monetary-fiscal-policies.imf-savs-2023 09-06/) (a) The article states that South Korea should maintain restrictive monetary policy. Briefly explain how this may address the problem of high inflation currently facing South Korea. Include reference to the AD/AS model in your answer. (You do not need to draw a diagram.) (4 marks)

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