Sentences with phrase «influences aggregate demand»
It was to revive the role of monetary policy and elevate it from just another instrument for influencing aggregate demand to a more central and specialised role in controlling inflation.
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By influencing the volume of credit creation, monetary policy strives to keep ex ante saving and investment — alternatively, aggregate demand and aggregate supply — in rough balance.
In responding to cyclical developments and inflationary pressures, monetary policy has had a powerful influence on aggregate demand and inflation in the economy.