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Monetary Policy
Actions of a central bank, currency board, or other regulatory authorities that determine the size and rate of growth of the money supply, which in turn affects interest rates.
Fiscal Policy
Government policies regarding taxation and spending that influence economic conditions.
Rational Expectations
The hypothesis that individuals form forecasts about the future based on all available information in an unbiased and logical manner.
Monetary
Pertaining to money, including aspects related to money supply, banking, and monetary policy used by a government to influence an economy.
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