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19 June, 10:30

The purpose of a restrictive monetary policy is to:

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  1. 19 June, 12:58
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    It decreases the measure of cash and credit that banks can loan. It brings down the cash supply by making advances, charge cards and home loans more costly. That contracts request, which moderates monetary development and expansion. The restrictive monetary policy is otherwise called a contractionary money related arrangement.
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