Question

define cheap money policy​

Answer 1

Answer:

Cheap money policy refers to a monetary policy by the central bank where the central bank sets low interest rates so that credit is easily available to the general public in order to bring efficiency in trade and commerce in an economy

Answer 2

Answer:

Cheap money policy refers to a monetary policy by the central bank where the central bank sets low interest rates so that credit is easily available to the general public in order to bring efficiency in trade and commerce in an economy.

Cheap money is a loan or credit with a low interest rate or the setting of low interest rates by a central bank like the Federal Reserve. ... Cheap money is good for borrowers, but bad for investors, who will see the same low interest rates on investments like savings accounts, money market funds, CDs, and bonds.

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