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Meaning of monetary impotence | Babel Free

Noun CEFR B2

Definitions

The inability of monetary policy to effect its goals, embodied by an absence of response by GDP to a change in the money supply or in interest rates.

uncountable

CEFR level

B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.
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See also

monetary instrument monetary policy monetary unit moneth monetisation monetite

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