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State four ways that may be used to control the amount of money in circulation by the central Bank of Kenya

      

State four ways that may be used to control the amount of money in circulation by the central Bank
of Kenya

  

Answers


Davis
a) Instructing commercial banks to only lend in priority areas/
selective credit control
b) Practicing domestic horrowing/ open market operations
c) Increasing interest rates on loans advanced by commercial
banks/ bank rate increases
d) Requirement that commercial banks maintain a cash ration
e) Liquidity ratio
Githiari answered the question on September 22, 2017 at 21:39


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