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Free essay: the tools of monetary policy have to do with the currency in circulation and its value one of the primary tools implemented by the government is. The goals of monetary policy are a low rate of inflation (price stability) and a small gap between actual real gdp and potential real gdp (farinha & marques. A thesis entitled \essays on monetary and fiscal policy by andrea pescatori in partial fulﬂllment of the requirements for the degree of doctor of philosophy. Monetary policy is typically implemented by a central bank, while fiscal policy decisions are set by the national government however, both monetary and fiscal policy may be used to.
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