One of the main functions of the central bank is to maintain macroeconomic stability. In the scenario presented in part

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answerhappygod
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One of the main functions of the central bank is to maintain macroeconomic stability. In the scenario presented in part

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One of the main functions of the central bank is to
maintain
macroeconomic stability. In the scenario presented in part iv)
outline and
explain a possible action the central bank could take to return
the
economy to its natural rate of output. If policy makers did not
intervene in
this economy, what would happen in the long run?

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