1. a) List the three tools of monetary policy. No need to explain. b) Explain clearly how each tool listed is used to fight inflation.

Macroeconomics: Private and Public Choice (MindTap Course List)
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ISBN:9781305506756
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Chapter14: Modern Macroeconomics And Monetary Policy
Section: Chapter Questions
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1. a) List the three tools of monetary policy. No need to explain.
b) Explain clearly how each tool listed is used to fight inflation.
Transcribed Image Text:1. a) List the three tools of monetary policy. No need to explain. b) Explain clearly how each tool listed is used to fight inflation.
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