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Ahtasham

Do mixed and capitalist economies use fiscal and monetary policies to regulate the economy?

IN THEORY, do mixed and capitalist economies use fiscal and monetary policies to regulate the economy? By in theory, i do not mean what governments do in reality, but how they are supposed to do it according to the economic spectrum.
Globally Interested:

In the U.S. that is the job of the Federal Reserve.

L:

IN FACT DO IT...........AND IN PART MUST DO IT

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