Description
Identify the actions concerning the financial policy of a country to maintain price stability and controlling the money supply such as changing the interest or inflation rate.
Alternative labels
determine budgetary policy actions
determine fiscal policy actions
Skill type
skill/competence
Skill reusability level
occupation-specific
Relationships with occupations
Essential skill
Determine monetary policy actions is an essential skill of the following occupations:
Central bank governor: Central bank governors set the monetary and regulatory policy, determine interest rates, maintain price stability, control the national money supply and issuance and foreign exchange currency rates and gold reserves. They oversee and control the banking industry.
Optional skill
Determine monetary policy actions is optional for these occupations. This means knowing this skill may be an asset for career advancement if you are in one of these occupations.
References