Explanation Item 1 is not correct: Reducing fiscal budget is an objective of fiscal policy, not monetary policy. Fiscal policy focuses on government spending and taxation, whereas monetary policy deals with money supply and interest rates.
Item 2 is not correct: Managing aggregate supply generally falls under supply-side or fiscal measures, such as investment in infrastructure or subsidies to boost production. Monetary policy focuses more on controlling aggregate demand through interest rates and liquidity adjustments.
Item 3 is correct: While monetary policy doesn't directly promote exports, it influences the exchange rate, which can affect exports and imports. For example, monetary policy can impact the currency's value, which in turn can make exports more competitive or influence import costs.
Item 4 is not correct: Resource mobilization is typically associated with fiscal policy, as the government is responsible for resource mobilization to fund its programs, whereas monetary policy primarily focuses on liquidity and price stability
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