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According to estimates of the Taylor rule,monetary policy was too tight
Balance Sheet
A financial statement that summarizes a company's assets, liabilities, and shareholders' equity at a specific point in time, providing insight into its financial position.
Contractual Provisions
Specific clauses within a contract that outline the terms, conditions, obligations, and rights of the parties involved.
Preference
A prior or special right or privilege, especially in the context of decision-making or the allocation of resources.
Liquidation
The process of converting assets into cash or other forms of payment to settle debts with creditors during the closure of a business.
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