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Basic Objective of Monetary Policy

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I am having trouble understanding the "basic objective" of monetary policy and the cause and effects that make it effective.

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This solution contains a detailed explanation of the main objective of monetary policy and the cause and effects that make it effective. The solution contains approximately 160 words of text.

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The basic objective of monetary policy is to support the economy in attaining a level of full-employment with a minimum amount of inflation by accelerating and maintaining growth rate, generating new employment opportunities and maintaining internal and external ...

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Rachel Kozicki, PhD (IP)
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  • BA, Ashford University
  • MBA, Ashford University
  • Post-Master's Certificate, Northcentral University
  • PhD (IP), Northcentral University
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