Term
| Two Main Components of Macroeconomics Policy |
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Definition
| Monetary Policy and Fiscal Policy |
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Term
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Definition
| Monetary events and variable( esp interest rates) are critically important for the business sector and for the state of the economy |
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Term
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Definition
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Term
| Monetary Policy ( Formal Definition) |
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Definition
All deliberate steps of the monetary authority to affect the money supply;
The availability of credit &
Interest rates in order to influence monetary demand,
Expenditure, Production, Income;
The Inflation Rate,
The Exchange Rate , The Exchange Rate & Balance of Payments. |
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Term
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Definition
| The Monetary Policy Is The Responsibility Of The Reserve Bank ( as the Monetary Authority) |
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