In this video you will learn about Monetary policy and its effect on the economy. Montary policy is a demand side policy that the Government can make use to try and achieve its macro economic objectives which are stable economic growth, low rate of inflation, low unemployment rate and balance of payment equilibrium. Monetary policy has 3 components which are changes in Interest rate, changes in Money supply and changes in Exchange rates.
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Monetary Policy
September 27, 2012 at 12:43
by K. Prabhu
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