First define the concept of monetary policy and explain, Microeconomics

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First define the concept of monetary policy and explain

First define the concept of monetary policy and explain which schedule in the IS-LM model would be directly affected by the use of monetary policy. Next, define the concept of the transmission mechanism (or the cause-effect chain of monetary policy), and present the four steps (or parts) of the transmission mechanism

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Microeconomics: First define the concept of monetary policy and explain

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Microeconomics: First define the concept of monetary policy and explain

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