The ambassador was entertained lavish by Hartwright, whose company.
The correct option is A.
Monetary interest -
- Interest is the monetary charge for borrowing money—generally expressed as a percentage, such as an annual percentage rate (APR).
- Key factors affecting interest rates include inflation rate, length of time the money is borrowed, liquidity, and risk of default.
Is interest a monetary policy?
- Monetary policy involves setting the interest rate on overnight loans in the money market ('the cash rate').
- Since 2020, the Reserve Bank has put in place a comprehensive set of monetary policy measures to lower funding costs and support the supply of credit to the economy.
Learn more about monetary policy
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