Monetary policy

A) was advocated by Alexander Hamilton.
B) results in high deficits.
C) includes falling prices.
D) uses the government's control over the money supply to speed up or slow down the economy.

Monetary Policy

Economic strategy chosen by a government or central bank to control the supply of money, influencing interest rates and overall economic activity.

Money Supply

The total amount of monetary assets available in an economy at a specific time, including cash, bank deposits, and other liquid assets.

Deficits

Financial situations that occur when a government's expenditures surpass its revenues within a specified period, leading to borrowing or debt accumulation.