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Monetary Policy (Part 1) - Aarwin's Guide to CFA

Posted By aarwinsguidetocfa 1035 days ago on Tutorials

http://aarwinsworldoffinance.com - Monetary policy can be accommodative or restrictive. It is said to be accommodative when the central bank adopts an expansionary stance and takes action to increase the supply of money and credit in the economy. Conversely, the monetary policy is said to be restrictive when the central bank adopts a contractionary stance and takes action to reduce the supply of money and credit in the economy.

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