Asked by
Justin Cadeau
on Oct 12, 2024Verified
Monetary policy is conducted by
A) only the president.
B) only Congress.
C) both the president and Congress.
D) neither the president nor Congress.
Monetary Policy
Measures undertaken by a government's central bank to regulate the economy's money supply and interest rates to achieve macroeconomic objectives like controlling inflation, consumption, growth, and liquidity.
President
The head of state and government in a republic, often elected to lead the executive branch and uphold the laws and constitution of the nation.
- Outline the Federal Reserve's obligations and role in shaping monetary policy in the United States.
Verified Answer
NT
Learning Objectives
- Outline the Federal Reserve's obligations and role in shaping monetary policy in the United States.