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QveST [7]
2 years ago
15

Contractionary monetary policy is designed to:

English
1 answer:
Dahasolnce [82]2 years ago
5 0

Answer:

Explanation:

Contractionary monetary policy is driven by increases in the various base interest rates controlled by modern central banks or other means producing growth in the money supply. The goal is to reduce inflation by limiting the amount of active money circulating in the economy.

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