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- If central Bank increases money supply at a rate that is higher than before , what will be the impact of that higher than required money growth?Explain the concept of Inflation Targeting within the context of Ghana. What is the primary objective of Monetary Policy in Ghana? Discuss the tools used by the Bank of Ghana in the conduct of Monetary Policy.Monetary Policy Let’s presume that you are the leader of the central bank of the country of Namibia. Namibia is facing a situation where the economy is beginning to slow down because the country’s chief exports, diamonds, are no longer being bought by consumers. What type of monetary policy would you suggest for the country and what specifically would you do to implement this monetary policy?
- Supply of money refers to the currency held by the central bank of the country True/FalseMonetary policy as one of the macroeconomic policies is generally implemented in line with the cycle of economic activity (business cycle). Based on this, answer the following questions: a) Explain what monetary policy is appropriate to apply when there is a decline in GDP, economic growth slows and there is a decline in the prices of goods? b) Explain what monetary policy is appropriate to apply when there is an increase in the amount of real output or economic growth and an increase in the price of goods? Explain!Governments are responsible for maintaining full employment, price stability, and economic growth – using fiscal and monetary policies. Evaluate how the government of the United States achieves these objectives with the implementation of a Stimulative Monetary Policy. Clearly state the economic conditions that would justify the use of a stimulative policy, explain the measure(s) that would be taken and the anticipated impact.