What is the difference between expansionary and contractionary monetary policy?

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Expansionary monetary policy is used by the central bank of a country to increase the supply of money in the economy and boost economic activities. Contractionary monetary policy on the other is used to curb spending in the economy by reducing the supply of money

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What is the difference between expansionary and contractionary monetary policy?

Leave a Comment / Uncategorized

Expansionary monetary policy is used by the central bank of a country to increase the supply of money in the economy and boost economic activities. Contractionary monetary policy on the other is used to curb spending in the economy by reducing the supply of money

Related Posts

Leave a Comment

Your email address will not be published. Required fields are marked *

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