Monetary Economics (ECST3205)
DIPET 1 in Economics - ECNT
Semester: Second Semester
Level: 300
Year: 2017
MONETARY ECONOMICS
H.T.T.T.C ES2:S2EXAMS.2016/2017 ACADEMIC YEAR
INSTUCTIONS: ANSWER BOTH QUESTIONS TIME: 2hours.
1. Name and describe the instruments of monetary policy.
2. “The price of a commodity is the amount of money that has to be given for it while the
value of money is the quantity of goods it will buy”. Explain this statement.
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