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Which one of the following is the basic objective of monetary policy?a.To control public expenseb.To control cost and availability of moneyc.To control deficitd.All of the above

Question

Which one of the following is the basic objective of monetary policy?a.To control public expenseb.To control cost and availability of moneyc.To control deficitd.All of the above

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Solution

The basic objective of monetary policy is to control the cost and availability of money.

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