The various monetary policy measures that can decrease aggregate demand, and thus, control the problem of excess demand are:
A. Increase in the bank rate.
B. Sale of government securities in the open market by the central bank.
C. Raising CRR and SLR.
D. All of them
Answer:D
The various monetary policy measures that can decrease aggregate demand, and thus, control the problem of excess demand are:
A. Increase in the bank rate. B. Sale of government securities in the open market by the central bank. C. Raising CRR and SLR. D. All of them