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Tools Of Monetary Policy Do Not Include? - Erudites Academy
Categories: Economics WAEC

Tools of monetary policy do not include?
Tools of monetary policy do not include?Tools of monetary policy do not include?

A. open market operations
B. reserve requirement
C. bank rate
D. tax and public expenditure

Correct Answer:

Option D = tax and public expenditure

Explanation

Central banks have four main monetary policy tools: the reserve requirement, open market operations, the discount rate, and interest on reserves.

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