questionwrite detailed notes on the followinga
QUESTION
Write detailed notes on the following:
(a) Activist and non activist monetary policy debate.
(b) Optimality of Policy Rule compared to discretionary monetary policy.
(c) Credibility of policy rule.
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questiona use graphical methods to distinguish between cost push and demand pull inflationb explain how a budget deficit of the government can cause
questionwrite detailed notes on the followinga activist and non activist monetary policy debateb optimality of policy rule compared to discretionary
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