Question: fast (a) macroeconomic function when regulating inflation and price stability through the use of open market operations (OMO) and legal reserve requirements. (b) microeconomic function

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(a) macroeconomic function when regulating inflation and price stability through the use of open market operations (OMO) and legal reserve requirements. (b) microeconomic function when functioning as the "lender of last resort" through the discount rate or the discount window. In each of the functions in (a) and (b), discuss how the CBB uses these tools to influence the economy of Bahrain

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