Answer:
Monetary Policy
Explanation:
Monetary Policy aims to alter aggregate spending (spending) in economy by changing the interest rates, as interest rates are the 'cost of money' to public. This policy is decided by Central Bank.
Monetary Policy has Quantitative tools : Bank Rate, Repo Rate, Legal Reserve Ratio etc and Quantitative tools : Selective Credit Control, Moral Suasion etc.
If the above tools are used to provide public cheaper money (low interest rate credit), it is called Expansionary Monetary Policy. If the above tools are used to provide public costlier money (higher interest rate credit), it is called Contractionary Monetary Policy.
