Question

what is monetary policy?What are the two types of monetary policy​

Answer 1

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Explanation:

Monetary policy is the control of the quantity of money available in an economy and the channels by which new money is supplied. By managing the money supply, a central bank aims to influence macroeconomic factors including inflation, the rate of consumption, economic growth, and overall liquidity There are two main types of monetary policy: contractionary and expansionary.

Answer 2

WHAT IS MONETARY POLICY?

:Monetary policy refers to the use of monetary instruments under the control of the central bank to regulate magnitudes such as interest rates, money supply and availability of credit with a view to achieving the ultimate objective of economic policy.

Monetary policy is of two types:

expansionary or contractionary.