Regulatory policy to affect what is happening in credit markets in the aggregate is referred to as monetary policy.
Monetary policy are actions or rules that guides money in a particular country.
The policy affect how money is supplied and the country economic growth. Monetary policy are guides in determining and controlling a nation interest rate that are payable on loans that are collected.
Therefore, regulatory policy to affect what is happening in credit markets in the aggregate is referred to as monetary policy.
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