Which of the following is a tool of monetary policy used by central banks? a) Fiscal deficit b) Tariffs c) Open market operations d) Corporate income tax

Identify the four major tools of monetary policy

What is the main argument for having a Central Bank independent from the government for the purposes of monetary policy? Select one: a. An independent Central Bank would have more resources available to devote towards implementing monetary policy b. An independent Central Bank would be more knowledgeable about the state of the economy. Consequently, the Central Bank would be better suited to implementing monetary policy c. The Central Bank is more credible in its inflation and cash rate targets. Consequently, inflation expectations will adjust appropriately to monetary policy announcements d. Having an independent Central Bank prevents any economic trade-offs when making monetary policy choices

Why might a central bank choose to monetize the debt,knowing that it could lead to higher inflation?

What are the tools of monetary policy? a) government spending and taxes b) money supply and interests rates c) money demand and interest rates d) government supply and tax rates

What are  some  advantages and disadvantages of  Monetary Policy as opposed to Fiscal Policy?

Please discuss the role of required reserves as a monetary policy tool by central banks.

Monetary policy as one of the macroeconomic policies is generally implemented in line with the cycle of economic activity (business cycle). Based on this, answer the following questions: a) Explain what monetary policy is appropriate to apply when there is a decline in GDP, economic growth slows and there is a decline in the prices of goods? b) Explain what monetary policy is appropriate to apply when there is an increase in the amount of real output or economic growth and an increase in the price of goods? Explain!

What is one of the advantages of monetary policy over fiscal policy? 1) its control over the size of Federal budget deficits 2) the quickness with which it can be used 3) the opportunity for broad political influence 4) It can guarantee an expansion of aggregate demand when needed.

Identify a newspaper article from Trinidad and Tobago that provides a situation in which a contractionary monetary policy was implemented by the central bank. Ensure that you provide a screenshot of the article in your submission. The screenshot should include the name of the publication, date of publication and name of the article.(i) Identify the contractionary monetary policy used in the article. (ii) Carefully explain, in as much detail as possible, how the chosen action from the article will impact the money market. (iii) Illustrate using the money market diagram, the overall impact of the chosen action from the article on the money market.