ECO 360 / Monetary Policy

Monetary policy is one of the tools that a national Government uses to influence its economy. Using its monetary authority to control the supply and availability of money, a government attempts to influence the overall level of economic activity in line with its political objectives. Usually this goal is "macroeconomic stability" - low unemployment, low inflation, economic growth, and a balance of external payments. Monetary policy is usually administered by a Government appointed "Central Bank", …

…husband and I make. We could also bring it up by not getting into debt and be a smart consumer. References Colander, David C. Macroeconomics (5th ed.) Irwin/McGraw-Hill, 2004 Burr Ridge, IL, Retrieved on June 30, 2005 from University of Phoenix Resources www.mycampus.phoenix.edu "Monetary Policy," Microsoft Encarta Online Encyclopedia 2005 http://encarta.msn.com © 1997-2005 Microsoft Corporation. All Rights Reserved. The Vanguard Group, Inc. All rights reserved. Vanguard Marketing Corp., 1995-2005, Distribution.