a.
The change in monetary base in last year.
Introduction: The amount of reserves of the commercial bank held with the central banks and also the total of the currency that is in circulation in hands of the public is known as the monetary base.
b.
The ways change in monetary base helps the government to finance its deficit.
Introduction: The amount of reserves of the commercial bank held with the central banks and also the total of the currency that is in circulation in hands of the public is known as the monetary base.
c.
The reason for the central bank to be independent of government policy makers.
Introduction: The amount of reserves of the commercial bank held with the central banks and also the total of the currency that is in circulation in hands of the public is known as the monetary base.
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