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Luden [163]
3 years ago
7

Define monetary policy

Social Studies
2 answers:
tester [92]3 years ago
4 0
Is the macroeconomic policy laid down by the central bank. it involves management of money supply and interest rate and is the demand side economic policy used by the government of a country to achieve macroeconomic objectives.

hopee thiss hrlpps, GOOGLEE RESEARCHED <span />
muminat3 years ago
3 0

According to the Federal Reserve's 2016 edition of Purposes and Functions, Monetary Policy is the Federal Reserve's actions, as a central bank to achieve three goals specified by congress.

Explanation:

A monetary policy of a country is the policy formulated by the monetary authority of the country. A monetary policy simply controls the money supply. This money supply is controlled by either targeting the interest rates or by controlling the employment and prices of products in the economy.  

The three goals specified by congress in the 2016 Monetary Policy edition of Federal Reserves are:

  • Maximum Employment
  • Stable Prices
  • Moderate long term interest rates.

These goals basically formulate the Monetary Policy. Monetary Policies are made to strengthen the currency and to increase the trust of people on the currency and economy of the country.

Learn more about Monetary Policy at:

brainly.com/question/12197540

#LearnWithBrainly

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The use of inductive reasoning shows the drawing of conclusions by going from the specific to the general and goes from general information to specific conclusions

Thus, the use of deductive reasoning shows making logical premises and basing a conclusion around those premises and the use of abductive reasoning shows an observation or set of observations and then seeks the simplest and most likely conclusion from the observations

<h3>What is Reasoning?</h3>

This refers to the use of logic to come to a conclusion about a set of data through the use of a premise.

The use of inductive reasoning shows the drawing of conclusions by going from the specific to the general and goes from general information to specific conclusions

Hence, we can see that your question is incomplete, so I gave you a general overview to help you get a better understanding of the concept.

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Studying the effect of increased income can be difficult because purposive social experiments are often not possible. However, y
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