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Critical to the effectiveness of monetary policy is the degree to which the monetary authority can exert control over money supply. The implicit assumption is that central banks can control the increase of the money supply, and the money stock is the product of the monetary multiplier and the monetary base....
Critical to the effectiveness of monetary policy is the degree to which the monetary authority can exert control over money supply. The implicit assumption is that central banks can control the increase of the money supply, and the money stock is the product of the monetary multiplier and the monetary base.
ccording to Zou in 2011 inflation is an unpreventable attribute of every economy in the world. It has an impact on every nation, both developed and developing, in both good and harmful ways. Zou et al. (2011), said inflation is a significant contributor to social and economic instability and disorder....
ccording to Zou in 2011 inflation is an unpreventable attribute of every economy in the world. It has an impact on every nation, both developed and developing, in both good and harmful ways. Zou et al. (2011), said inflation is a significant contributor to social and economic instability and disorder.
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