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Economy - article/articles
What is the economic role of the Central Bank?
The government influences the course of economic issues in two main ways: On the one hand, it does it through fiscal policy and parliamentary legislation and, on the other hand, the government has outsourced the task of handling certain aspects of monetary and financial issues to the Central Bank.
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How does fiscal policy work?
Fiscal policy largely deals with how the government obtains revenue from taxes levied on people's wages, various products, and more.
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Why are economic affairs important?
Economics cover, among other things, how we utilise our labour force and various resources to produce goods and services.
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