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Monetary policy Role of the Central Bank How is monetary policy conducted? How does monetary policy affect AD? What is the Operating Band? What is

Monetary policy

  • Role of the Central Bank
  • How is monetary policy conducted?
  • How does monetary policy affect AD?
  • What is the Operating Band?
  • What is the Bank Rate?
  • What is the Settlement (or Deposit) Rate?
  • Use of monetary policy to eliminate recession
  • Use of monetary policy to eliminate an inflationary gap
  • Impact of monetary policy on the exchange rate (recall that monetary policy changes the interest rate)
  • Important: the impact of monetary policy through the economy (Transmission process)

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Macroeconomics Principles And Policy

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