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To counteract the economic fluctuations government can apply two stability tools: the fiscal and the monetary policy
It will help scholars
1Merton (1974)10
Veranstaltung: Philosophie und Religion 3
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The Evolution of Monetary Policy Strategies in Europe formatIsbn:Softcover - 9781461370147 To counteract the economic fluctuationsEurope has a rich monetary history. Until recently, its many central banks assigned divergent priorities and pursued policy objectives via different routes. As a result, Europe's past provides fertile ground for those seeking practical guidance to the art ofcentral banking. The importance of this past gained a new dimension with the prospect of Economic and Monetary Union in 1999, as the participating countries were faced with the challenge of
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