Monetary policy is the control of the quantity of money available in an economy and the channels by which new money is supplied.
<h3>What is
Monetary policy?</h3>
The monetary authority of a country adopts monetary policy to regulate the money supply or the interest rate payable for very short-term borrowing, frequently in an effort to reduce inflation.
The central bank's macroeconomic policy is known as monetary policy. It is a demand-side economic strategy used by a nation's government to achieve macroeconomic goals like inflation, consumption, growth, and liquidity. It involves managing the money supply and interest rate.
Price stability is the main goal of monetary policy. In order to promote sustainable economic growth, the general price level in the domestic economy must remain as low and stable as possible in order to achieve the goal of price stability.
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Answer:
Suppose a bill is passed to make minimum hourly wage as $7.50, the implications would be that:
-If the minimum wage is set at $10.50, the market will not reach equilibrium.
-In the absence of price controls, a shortage puts upward pressure on wages until they rise to the equilibrium.
Therefore only the two above listed statements would be TRUE.
It's called selective attention. It consists of a very selective attention as the name sáis because we focuse on a single thing ignoring the rest, and that's why it is called that way. Most human beings have this type of attention because they focuse on a single thing, sometimes this attention is better for concentration but some others we also need to focuse in more than one thing to get a better result. You can work on your selective attention to improve it so you can focuse on the important things, there are various methods to do it and from my point of view are very useful. Hope this answered helped you and have a great day.
The Supreme Court decision in Miranda v. Arizona, 384 US 436 (1966) required (for the first time) that someone accused of a crime be informed of his or her constitutional rights prior to interrogation. This protected the rights of the accused, or the defendant, in two new ways: 1) It educated the person about relevant constitutional rights; and 2) It inhibited law enforcement officials from infringing those rights by applying the Exclusionary Rule to any testimony/incriminating statements the defendant made unless he intentionally waived his rights.
George Washington Carver was a scientist and botanist who sought to solve the agricultural problems of the American south. As a result of the single-crop system in use where most farmers planted only tobacco or cotton, the soil had been depleted of the necessary nutrients. Carver discovered that if new crops, rich in nitrogen and proteins, were planted the soil would recover.
He petitioned the Southern farmers to plant soybeans, sweet potatoes, and peanuts. These crops grew well and solved the problem of the soil, however, there was no market for their sale. Carver tried to solve this problem by establishing a market for these goods by finding new uses for the plants, specifically peanuts, and sweet potatoes.
