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Macroeconomic

Section 3. Eurozone macroeconomic
policies

– In the Eurozone, which institution oversees monetary policy, and which
one controls fiscal policy?

– Explain in detail how one of these policies (fiscal or monetary) operate
in theory.
– Then provide information on both fiscal and monetary policies that are being (or are planned to be) implemented by Eurozone officials as a response to the coronavirus crisis to prevent a fall in the aggregate demand.

– Section 4. Conclusions
– Is the Eurozone well prepared to offset the negative impact of the
covid crisis?

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