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The Policy Trilemma States That a Country or a Monetary

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The Policy Trilemma states that a country or a monetary union can't pursue the following three policies at the same time


Definitions:

19th Century

The period from 1801 to 1900, characterized by industrialization, imperial expansion, and significant social and political changes globally.

Politicians

Individuals who are actively involved in politics, especially those holding or seeking elected positions within government.

Voting Requirements

The criteria established by law that individuals must meet to be eligible to vote in elections, such as age, citizenship, and residency.

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