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WebWhile inflation had come under control, the fiscal policies of reduced public spending and privatisation remained. The cost of borrowing was rising once more, with the bank rate rising by more... WebThis video is an educational video for IGCSE Economics. It is part of a series on this subject. Topics covered in this video are: Government economic policy Don't forget to subscribe, … WebMonetary policy rests on the relationship between the rates of interest in an economy, that is the price at which money can be borrowed, and the total supply of money. Monetary policy uses a variety of tools to control one or both of these, to influence outcomes like economic growth, inflation, exchange rates with other currencies and unemployment. bjp 3rd edition exercises answers