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What is the main focus of monetary policy?
  • a)
    Strengthening government revenue through taxes.
  • b)
    Controlling government expenditure.
  • c)
    Regulating the overall demand and supply for goods.
  • d)
    Bringing price stability and controlling inflation.
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
What is the main focus of monetary policy?a)Strengthening government r...
The main focus of monetary policy is to bring price stability and control inflation within the economy. By regulating the money supply, interest rates, and credit conditions, the central bank aims to ensure that prices remain relatively stable and that inflation is kept at manageable levels.
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What is the main focus of monetary policy?a)Strengthening government revenue through taxes.b)Controlling government expenditure.c)Regulating the overall demand and supply for goods.d)Bringing price stability and controlling inflation.Correct answer is option 'D'. Can you explain this answer?
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