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erhc at b QUESTION FOUR Explain the main tools of monetary policy that are used to manipulate money supply and interest rates in an economy
erhc at b QUESTION FOUR Explain the main tools of monetary policy that are used to manipulate money supply and interest rates in an economy (6 marks) V ) What are Open Market Operations (OMC). (3 marks) ii) State the advantages and disadvantages of OMO giving appropriate examples. (3 marks) c In the conduct of monetary policy, there are goals that have to be attained. Using relevant examples, explain the main goals adopted when implementing the monetary policy agenda of a country (4 marks) apit ts: 1 go Ban explain whether the goals of monetary policy are always in harmony. (2 marks) [Total: 20 marks) Jn TE Page 2 of 3
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