Use of Monetary Policy In Government Economic

Insights into Crafting Optimal Monetary Policy in Government Economic

by Munesh Devi*,

- Published in Journal of Advances and Scholarly Researches in Allied Education, E-ISSN: 2230-7540

Volume 4, Issue No. 8, Oct 2012, Pages 0 - 0 (0)

Published by: Ignited Minds Journals


ABSTRACT

Monetarypolicyis the process by which the monetary authority of a country controls the supplyof money, often targeting a rate of interest for the purpose of promotingeconomic growth and stability. The official goals usually include relativelystable prices and low unemployment. Monetary theory provides insight into howto craft optimal monetary policy.

KEYWORD

monetary policy, government economic, money supply, interest rate, economic growth, price stability, unemployment, monetary authority, monetary theory, optimal policy