Welcome to the 1520 Perfect Dictionary
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| Monetary policy | |
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| MONETARY POLICY Definition: (economics) Government action that has a direct impact on the amount of money in circulation. ______________________________________________________________________ * All six elements would be in. 1. Purposeful and necessary to take particular action. 2. Formulated after a transparent and painstaking process. That is, appropriate market research, analysis, etc. would have been done before findings. 3. Will be backed by the appropriate 'tool'. That is, country's balance of payment, external reserves, etc. will support statement (action) made (taken). 4. Would be constantly monitored, executed, regulated, etc. by, with, for, etc. the institutions in the financial system: banks, etc. 5. Regime of policy will be for a definite period, after which a review is undertaken that allows a retention or alteration of rates, ratios, etc. 6. Currency control instrument achieves goal(s) (see definition). That is, the fiscal policy will be effective. _______________________ * Tightened or relaxed. | |
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1520 Products was established in 2005 with the purpose of entertaining and teaching us on key and important aspects of life (such as marriage, sex, etc) through the playing of games which will allow us to laugh but at the same time pass a message of what is the right or ideal way. |
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