DMPQ: What is a monetary policy? What are its types? List down the objectives of monetary policies.
Monetary policy is made by the central bank to manage money supply to achieve specific goals- such as constraining inflation, maintaining an appropriate exchange rate , generating jobs etc. There are basically two types of monetary policies. They are expansionary and contractionary. Expansionary: This means increase in the total supply of money in … Read more DMPQ: What is a monetary policy? What are its types? List down the objectives of monetary policies.