It is necessary to start from the explanation of the term itself. So what does the monetary policy mean? This is the control money supply and interest levels by a central bank. This may be, for instance, the Federal Reserve Boar din the U.S. This policy is effective in order to regulateinflation and stabilize currency. This policy is being one the two methods the government can influence the economy. The Federal Reserve can affect the amount of money that is spent by consumers and businesses by influencing the effective cost of money.
This assignment is an attempt at improving the enlightenment level on the definition which is provided for the tem “policy making” during the administration of justice. It will be required that the assignment present a relevant and precise definition of the term in the context of the department which deal with criminal justice as a sub section of the whole administration of justice. A further analysis will also be conducted to improve the comprehension of the definition at hand altogether.