For the following policy statements listed below, indicate whether the the policies are fiscal (F), monetary (M) or Neither (N). (answer F, M or N)
Part 1) decrease Medicare payments (F)
Part 2) increase Central Bank deposits in the chartered banks (M)
Part 3) make low interest loans available to companies where the government pays the difference between the real and subsidized interest rate (M)
Part 4) increase income tax deductions for students (F)
Part 5) buy bonds on the open market (M)
Part 6) decrease grants to universities (F)
Part 7) increase the bank rate (M)
Part 8) use of inflation-targeting to stabilize the economy (M)