Explain,what are the major strengths of monetary policy?

What are the basic objectives of monetary policy? Comment on the cause-effect chain through which monetary policy is made effective. What are the major strengths of monetary policy?

course material
http://ezproxy.apus.edu/login?url=http://ebooks.apus.edu/ECON102/Rittenberg_Ch7-9.pdf

http://ezproxy.apus.edu/login?url=http://ebooks.apus.edu/ECON102/Rittenberg_Ch10-12.pdf

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