Discuss statement by defining monetary policy

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Reference no: EM133131608

"A key role of central banks is to conduct monetary policy to achieve price stability (low and stable inflation) and to help manage economic fluctuations."

a Discuss this statement by defining monetary policy

b Identify the tools used to implement monetary policy

c State and explain at least 2 limitations when the central bank implements monetary policy.

Reference no: EM133131608

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