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Finance 18 Online
Hope11:

What is monetary policy?

QuestionCoveBot:

Monetary policy is used by countires’ banking system. It’s there to control the interest rate (so it’s payable for say, a short term loan or something) and/or money production. Controlling the money printing which can decrease inflation and interest rates. This is done to keep said currency stable.

Hope11:

Thank you!

QuestionCoveBot:

You’re welcome!

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