Monetary Policy

Kati Christova
Mind Map by , created over 5 years ago

A Levels Economics (Macroeconomics) Mind Map on Monetary Policy, created by Kati Christova on 03/11/2014.

Kati Christova
Created by Kati Christova over 5 years ago
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Monetary Policy
1 Monetary policy is ineffective when consumers are willing to hold large quantities of money rather than spend them even when interest rates are very low
2 Practical application - inflation targeting
3 Diagram
4 How MPC operates, factors they consider
5 Problems in determining the magnitude of the effects of monetary policy

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