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Explain the tool of monetary policy a government could use to gain positive balance of payment

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Answer:

What is the tool of monetary policy?

Central banks have four main monetary policy tools: the reserve requirement, open market operations, the discount rate, and interest on reserves. 1 Most central banks also have a lot more tools at their disposal. Here are the four primary tools and how they work together to sustain healthy economic growth.

Step-by-step explanation:

User Saleh Sereshki
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