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Question 19-22 Both advanced economies and developing countries have experienced a decrease in in flation since the 1980s. This question considers how the choice of policy regime has influenced this global disinflation.

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Q1 b) 5 years Ex planation fsom selaLive. p the inloken ates for the Lithuania and Evrozone. and Pindig the Yate, 악 depreciation in Lithuanian S to thuanian Cur L 3-1. every year, So ePre Cia Itould be outsle excharje ae bard aptes appr5ysב2. a) Necessaty Condition Eauplanation: Considering the abave guestion is necessary Cond:lior be cause, we Gon Se thal he exchange ate band is not sulicient to eniuye low inlalion

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