Answered: In Malaysia, the responsibility in…

In Malaysia, the responsibility in implementing monetary policy is under the authority of A) Ministry of Finance B) Bank Negara Malaysia C) Ministry of Economic Affairs D) Securities Commission

Economics:

10th Edition

ISBN:9781285859460

Author:BOYES, William

Publisher:BOYES, William

Chapter13: Monetary Policy

Section: Chapter Questions

Problem 16E

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Question

In Malaysia, the responsibility in implementing monetary policy is under the authority of

A) Ministry of Finance

B) Bank Negara Malaysia

C) Ministry of Economic Affairs

D) Securities Commission

Definition Definition Policy implemented by the central bank of a country (such as the Federal Reserve in the United States) to achieve certain macroeconomic objectives. Monetary policy is a supply-side macroeconomic policy that supervises the growth rate and money supply in the economy.

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