write 5 advantages of monetary system ?
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1
Answer:
- Monetary policy tools are used by currency boards, central banks, or even governments to control currency supplies.
- Consumer access to cash, along with the interest rates charged by lending institutions, create economic foundations for businesses to build upon.
- The tools used to regulate those base needs dictate how much stability is found in the financial markets.
- There are numerous ways for monetary policy tools to be used as a benefit to society.
They maintain a balance of value with currency exchanges, stabilize economies, and can even address debt or unemployment issues.
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23
Answer:
5 ADVANTAGES OF MONETARY SYSTEM ARE :
1. Expansionary monetary policy makes it possible for more investments come in and consumers spend more.
2. Lowered interest rates also lower mortgage payment rates.
3. It allows the Central Bank to apply quantitative easing.
4. It promotes predictability and transparency.
5. It can lead to lower rates of mortgage payments.
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