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https://www.thebalancemoney.com:443/restrictive-monetary-policy-definition-purpose-tools-3305884 Restrictive Monetary Policy: Definition, Purpose, Tools monetary policy definition https://www.thebalancemoney.com/expansionary-monetary-policy-definition-purpose-tools-3305837 Expansionary Monetary Policy: Definition, Purpose,Tools Expansionary monetary policy is when a central bank increases the money supply to stimulate the economy. Here are its effects with examples. monetary policy definition