Monetary policy
- Created by: Jeon32666
- Created on: 10-02-19 18:49
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MONETARY POLICY
Monetary policy refers to the manipulation of supply of money, credit and interest in order to achieve some desired macroeconomic objectives
EXPANSIONARY MONETARY POLICY
It refers to a reduction in interest rate or an increase in the supply of money and credit in an economy. If an economy is about to enter recession, then the central bank may decrease interest rate or…
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