Dear money policy means ___________.

giving loan and advances to trade and industry at higher interest rate.

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paying less for the same quantity of goods and services.

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printing high denomination currency.

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printing money by costly technology.

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Solution

The correct option is A giving loan and advances to trade and industry at higher interest rate.
Dear money policy refers to a monetary policy by the central bank where the central bank sets high interest rates so that credit is not easily available to the general public in order to decrease the real income and hence purchasing power of the people. Such a policy is used by the government at the time of inflation in the economy.

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