Monetary policy
Revision as of 09:49, 2 June 2020 by Kevmwangi (talk | contribs) (Created page with "Monetary policy is a policy that involves altering the quantity of money and thus affecting the level of interest rates and the extent of borrowing. ==Definition== Accord...")
Monetary policy is a policy that involves altering the quantity of money and thus affecting the level of interest rates and the extent of borrowing.
Definition
According to Principles of Economics by Timothy Taylor (3rd edition),
- Monetary policy. Policy that involves altering the quantity of money and thus affecting the level of interest rates and the extent of borrowing.