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To What Extent Should Monetary Policy Be Used to Fine-Tune

question 62

Essay

To what extent should monetary policy be used to fine-tune the economy?

Assess evidence provided by statistical tests to make informed conclusions.
Understand the concept of confidence intervals and how to construct them for mean differences in paired samples.
Recognize and apply the paired t-test for assessing the effectiveness of interventions on paired data.
Distinguish between paired and independent samples and select the appropriate statistical test.

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