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Monetary Policy Questions

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Monetary Policy Questions

  1. 1. Monetary PolicyAnswer all the questions below 1. Define Monetary Policy 2. What are the weapons of Monetary Policy 3. Who operates Monetary Policy in the UK? 4. What are Interest Rates? 5. True of False, Interest Rates will have an impact on the value of a currency 6. What is the current Interest Rate for the UK? 7. Define the term Exchange Rate 8. What is the current exchange rate between the following currencies a. Pound to Euro b. Pound to US Dollar c. Pound to Japanese Yen d. Pound to Czech Krona 9. How would a Central Bank control the money supply and is it a huge influence on Monetary Policy?