Questions

Heat energy can be transferred by three major methods. They are 

1. Conduction,

2. Convection and

3. Radiation.

Conduction is the movement of heat through a substance by the collision of molecules

Convection occurs when particles with a lot of heat energy in a liquid or gas move and take the place of particles with less heat energy.

Radiation is the transfer of energy by means of photons in electromagnetic waves governed by the same laws. It occurs through a vacuum or any transparent medium.

Monetary policy is the process by which the monetary authority of a country, typically the central bank or currency board, controls either the cost of very short-term borrowing or the monetary base, often targeting an inflation rate or interest rate to ensure price stability and general trust in the currency.

The basic objective of monetary policy is to assist the economy in achieving a full-employment, noninflationary level of total output.

Cause-effect chain: Changes in the money supply affect interest rates, which affect investment spending and therefore aggregate demand.

Adi Sankara