Monetary Governance

MONETARY GOVERNANCE Monetary: Refers to the system with the introduction of currency. In antique Time: Fishing and hunting was done and veerd, it is known as Robinson Crusoe policy. Time Line: 1.Arrows. 2.Coins. 3.Metal Coins. 4.Paper coin. 5. credit card Money. ==?The economy where there is no money involved and exchange is done without money is known as Barter thriftiness (Barter means: Exchange, Switch, Swap, Bargain, etc. ==?In Real Flow of goods and services no money is involved. ==?In Monetary Flow of goods and services money is involved. Modern Monetary Systems Monetary systems argon today very much alike in all the major countries of the world. They contain of three levels: 1.The holders of money (the public)â€"individuals, businesses, governmental units. 2.Commercial banks (privately or governmentally owned), which borrow from the public and make loans to individuals, firms, or governments. 3. fundamental banks, which have a monopoly on the issue of certain types of money, make out as the bankers for the central government and the commercial banks, and have the force play to determine the quantity of money. ……………………………………….. ==?Now on The Government aspect: Revenue & Income is generated through: Taxis, Aid, Loan, Exports, etc and Expenditures are done on macrocosm Utilities, To Run Govt Matters, etc.

For Good Economies Income = Expenditures In D.Cs Income > Expenditures In L.D.Cs Income < Expenditures So How Governments Can Control Economy? at that place are two ways of controlling Economy: 1.Monetary Policy: It is also known as Money Market 2.fiscal Policy: It is also known as output Market. There are three types of money: 1.M1: Current Money. 2.M2: Secondary Money. 3.M3: fix Money. There are four types of Markets in Economy: 1.Money Market: 2.Output Market: 3.Bond Market: Securities, Stocks, etc. 4.Labour Market: Supply of labour must be equal to demand of market. ……………………………………………………… MONETARY POLICY... If you want to get a full essay, order it on our website: Orderessay

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