Effect of Open Market Operation as Tools of Monetary Policy of the Central Bank of Nigeria in Controlling the Economy (a Case Study of Central Bank of Nigeria)

Description

– Effect of Open Market Operation as Tools of Monetary Policy of the Central Bank of Nigeria in Controlling the Economy (a Case Study of Central Bank of Nigeria) –

Download Effect of Open Market Operation as Tools of Monetary Policy of the Central Bank of Nigeria in Controlling the Economy (a Case Study of Central Bank of Nigeria). Students who are writing their projects can get this material to aid their research work.

Introduction

1.1 Background of the Study

In the past year, the Nigeria economy has witness serious micro economy problem, characterized by show in the economic activities, how capacity utilization growing unemployment level debt burden,

accelerated inflation intensify exchange rate separation as well as higher perfect receiving of interest rate persistently high and government deficit financing has been identified as the major factors in the observed micro economy problems.

When we talk of micro economy policies, this deals with monetary and physical policies, but this concerned mainly on monetary policies.

Therefore, monetary policies comprises of those policies desired to influence the behaviors of micro economy preferably the basic aim of the monetary policy are not the monetary aggregate themselves, but the aggregate in the real sector of the economy such as level of output, stabilization and the economy development.

The policies are designed in an items to charge the trend of some monetary variable in particular direction so as to infuse the desire behavioral change in the monetary policies the bank role is to conduct appropriate monetary policies that is consistence with the main economy objective of achieving real growth in gross domestic product,

low inflation rate and satiable balance of payment position. This irrespective of whether the direct or indirect approach is put in place to control money and crudity.

In this regard, the CBN clatter the amount of monetary supply that is consistent with the country micro economy objective and manipulated the monetary instrument at his disposal in order to achieve the state objectives.

Monetary policy is use to influence the macroeconomic objective because there is believe that this occur in relationship between the trace variable at the monetary variables.

From the above explanation monetary policy could therefore be define as a delicate action taken by monetary authorities to change the domestic stock of money supply while fiscal policy variable teaming constant.

Monetary policy influences the level of aggregate income and spending in the economy by influence money supply and the cost of borrowing money from the bank.

It could also be defined as a policy employing the central bank. It could also be defined as an instrument for achieving the objective of a general economic policy or as a tool use by the monetary authority in other to achieve state economic objectives.

How to Download this Project Material

First, note that we are one of the best and most reliable online platforms because we don’t retain any of your personal information or data as regards making payments online.

PRICE: ₦3,500 ₦3,000  (Three Thousand Naira Only)

Make a bank deposit or mobile transfer of ₦2,000 only to the account given below;

---

Bank Name: UBA Account Number: 1022564031 Account Name: TMLT PRO SERVICES

---

After making the payment, CLICK HERE to send the following on WhatsApp;

• Depositor’s Name or Screenshot of Payment
• Name of the Past Question
• Active Email Address

---

or Call Us On +2348082284439 Once your details have been received and your payment confirmed by us, you will receive the past question in your email or WhatsApp within 5 Minutes.

Guarantee of Getting the Material 

We understand that due to the high rate of fraud, many people are afraid of making purchases online but be rest assured that PastExamQuestions will deliver your material after payment.

Once your details have been received and your payment confirmed by us, you will receive the past question in your email or WhatsApp.

Give us Feedback

Have we been able to satisfy you? How well do you think the material will be helpful after having gone through it? Does the price worth the material?

Let’s hear from you! We recommend that our customers give feedback at the end of every transaction to enable us to serve better. You can do this by clicking the review button on this page.

Where is the review button? >> Just scroll up to where you see reviews