Question

What is Monetary Policy ?!​

Answer 1

Answer:

Monetary policy refers to the actions undertaken by a nation's central bank to control money supply and achieve sustainable economic growth. Monetary policy can be broadly classified as either expansionary or contractionary.

Answer 2

Answer:

Monetary policy, the demand side of economic policy, refers to the actions undertaken by a nation's central bank to control money supply and achieve macroeconomic goals that promote sustainable economic growth.

Explanation:

Central banks use monetary policy to manage the supply of money in a country's economy. With monetary policy, a central bank increases or decreases the amount of currency and credit in circulation, in a continuing effort to keep inflation, growth and employment on track.