The goals of expansionary and contractionary monetary policy are to control the amount of money in the economy to influence economic activities.
<h3 /><h3>What is the purpose of contractionary monetary policy?</h3>
It is introduced by the central bank to reduce the amount of money in a country. The purpose is to reduce economic activity and control inflation.
Expansionary monetary policy does the opposite and increases money supply in the economy so that economic activity is boosted.
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According to the graph, in this market, a price of $1.50 would be equilibrium.
Answer:
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Explanation:
The American Tobacco Company restructured itself in 1969, forming a holding company called American Brands, Inc., which operated American Tobacco as a subsidiary. American Brands acquired a variety of non-tobacco businesses during the 1970s and 1980s and sold its tobacco operations to Brown & Williamson in 1994.
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