What is the purpose and workings of the Monetary policy transmission mechanism (MPTM)? What are the causes of time lag in MTPM, please discuss including some critical evaluation.

International Financial Management
14th Edition
ISBN:9780357130698
Author:Madura
Publisher:Madura
Chapter6: Government Influence On Exchange Rates
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What is the purpose and workings of the Monetary policy transmission mechanism (MPTM)?
What are the causes of time lag in MTPM, please discuss including some critical evaluation.

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