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17 July, 13:37

Which sentences in the given passage explains the limitations of monetary policies? Monetary Policies - Limitations Monetary policies are set by the Central Bank to bring about growth in the economy. {This objective can be achieved if these policies work at tandem with fiscal policies.} {It would be fair to say that changes in the economy cannot be brought about instantly by monetary policies.} {Monetary policy can only influence, not control, economic growth.} {The monetary policy makers do work on striking the perfect balance between demand and supply of money in the economy.}

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  1. 17 July, 13:54
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    In the passage:

    Monetary Policies - Limitations Monetary policies are set by the Central Bank to bring about growth in the economy.

    I think the best answer is Monetary policy can only influence, not control, economic growth. It could also be The monetary policy makers do work on striking the perfect balance between demand and supply of money in the economy.
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