Why is it a policy?
- Since it is a planned strategy, just like fiscal policy, to steer the economy, it is a policy.
- Mostly focused on a long-term approach to control inflation, support growth and so on.
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Economics and politics student from Germany. Interested in a broad field of topics and trying to easily break down topics from his studies to everyone.
In this Mini-Series, we will talk about the key concepts of macroeconomics. I will shortly explain each concept in a respective post. This is the last part of the Mini-Series, covering the monetary policy.
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Takeaways
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