A period of contraction will follow when businesses hold off on investing and hiring, which will result in consumers having less money to spend. If the growth rate turns negative, the country will ...

The increased business activity raises the demand for labor. The opposite can occur if the money supply falls or when its growth rate declines. Banks lend less, businesses put off new projects ...

Monetarists believe that the objectives of monetary policy are best met by targeting the growth rate of the money supply. Monetarism gained prominence in the 1970s—bringing down inflation in the ...

If you need a more precise estimate, consider using an online calculator or compound growth ... formula, which calculates how much a sum of money will be worth in the future at a fixed rate ...

The tightening of the liquidity reserve requirement (LRR)ratio on domestic deposits has helped to ease money supply growth to ...