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How do Fiscal and Monetary Policies Under the Fixed Exchange Rate in Saudi Arabia Help the Country to Increase the Living Standard

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How do fiscal and monetary policies under the fixed exchange rate in Saudi Arabia help the country to increase the living standard? What are the goals of the monetary and fiscal policies, and how are they achieved? What are the challenges that the country may encounter on the journey to achieve the goals? What are the instruments they may use to overcome these challenges?

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