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Credit tightening - PowerPoint PPT Presentation

Fiscal and Monetary Policies in Transition Economies

Fiscal and Monetary Policies in Transition Economies. Fiscal policy relates to how the state collects taxes and spends revenues. Monetary policies are conducted by a central bank, which determines the quantity of money. . I. The macro economy in a socialist country:

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Credit tightening - PowerPoint PPT Presentation

Fiscal and Monetary Policies in Transition Economies