Monetary Policy Measure As Instruments Of Economic Stabilization In Nigeria

ABSTRACT MONETARY POLICY MEASURES AS INSTRUMENTS OF ECONOMIC STABILIZATION IN NIGERIA In general, monetary policy refers to the combination of measures designed to regulates the value, supply and cost of money in an economy in cognizance with the level of economic activity. An express supply of money which will result in an excess demand for goods and services will cause rising prices and or a deterioration of the balance of payments position.  On the other hand, inadequate supply of money could induce stagnation in the economy thereby referred growth and development.  Consequently, the centr…