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{"ops":[{"insert":"Explain in detail the process of Monetary Policy transmission of an increase in the cash interest rate. Use relevant graphs to describe how a Central Bank\u2019s action on the interest cash rate ripple through the economy and lead to the target policy goal. (Three connected diagrams should be used: (1) money supply and demand (2) investment demand schedule (3) AS\/AD diagram. Interest rates is the variable that connects the first and second diagram).\n"}]}
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