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Monetary policy have both internal and external effect on business enterprises in Nigeria. The internal effect comprises of such as expanding the output of the business,maintainig price stability etc. The external effect entails attainment of stable exchange rate. Therefore the main effect of monetary policy is to influence the level of nominal income by influencing either the real output or the price level on buisness enterprices.

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Q: Discuss the effects of monetary policy on business enterprises in Nigeria?
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