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