An economy pursuing an accommodative monetary policy can witness 1 Decrease in repo rate 2 Increase ...........

Economic Affairs Money Supply and Monetary Policy

An economy pursuing an accommodative monetary policy can witness:

1.Decrease in repo rate

2.Increase in wages of labour

3.Increase in rate of income tax

Select the correct answer using the codes given below

1 only

1 and 2 only

1 and 3 only

None of the above

Accommodative monetary policy is a macroeconomic policy that seeks to expand the money supply to encourage economic growth.

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