Which of the following policy measures is typically used by central banks to manage the business cycle?

CA Foundation · Business Economics · MTP · September 2024
Which of the following policy measures is typically used by central banks to manage the business cycle?
(A) A. Fiscal policy
(B) B. Monetary policy
(C) C. Trade policy
(D) D. Industrial policy

Suggested Answer and Working Notes:

Correct Answer: Option (B)

B. Monetary policy

Topics: Money Market

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