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Direct control and Moral Suasion
Without actually using the above weapons, the central bank can attempt simply to use "moral suasion" to persuade the commercial banks to restrict credit when they wish to limit monetary expansion. Its effectiveness depends on the co-operation of the commercial banks.
p=10, TC= 1000+2Q+.01Q^2, Q=?
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#Plot the demand schedule and draw the demand curve for the data given for Marijuana in the case above.question..
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