The use of interest rates to control the money supply is ...
The use of interest rates to control the money supply is a
Control policy
Monetary policy
Developmental policy
Fiscal policy
Correct answer is B
Monetary policy is made up of policies drafted by the central bank to manage the supply of money and interest rates, aimed at controlling inflation, consumption, growth, and liquidity.
The PAYE (Pay As You Earn) in Nigeria is an example of ...
The demand for torch and batteries is an example of ...
The value of money depends primarily on? ...
The proportion of commercial bank's total assets kept in the form of highly liquid assets is kno...
As long as marginal utility is positive, total utility must be ...
A commodity will be demanded only if ...
A floating exchange rate means that the exchange rate is fixed by the _________ ...
The imposition of high income tax by government to cut down demand is known as ...