From 1996 to 2004 Uganda's monetary policy was generally contractionary. What would be the consequences of this policy, according to the following concepts?
Explain, using appropriate equations.?Do the data support your claims? Why or why not?

a. Relative purchasing power parity

b. Uncovered interest parity

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a Relative Purchasing Power Parity The contractionary monetary policy in Uganda from 1996 to 2004 wo... View the full answer