Select the correct answer from each drop-down menu. policy is the actions taken by the to influence the real gdp and the inflati
on rate in the economy.
1 answer:
Monetary policy is the actions taken by the reserve banks to influence the real GDP and the inflation rate in the economy.
<h3>What is Monetary policy?</h3>
These are actions done by the central bank of a country and involves adjusting money supply so as to achieve economic growth.
This influences the real gross domestic product and inflation rate of the country .
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