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  • What does the term "discount rate" refer to in the context of central banking? #251
  • What is the dual mandate of many central banks? #252
  • How does a central bank use contractionary monetary policy? #253
  • In the context of central banking, what is the "lender of last resort"? #254
  • What is the primary tool used by central banks to influence short-term interest rates? #255
  • What is the purpose of central bank independence? #256
  • How are interest rates and economic activity generally related? #257
  • What is the impact of higher interest rates on borrowing costs? #258
  • In the context of interest rates, what does the term "inverted yield curve" indicate? #259
  • How do central banks use interest rates to influence economic activity? #260
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