Current U.S.monetary policy is best described as:
A)Aimed at keeping inflation low and stable and growth high and stable
B)Determining the denominations of a country's currency
C)One of the most important functions of Congress
D)Attempting to keep inflation constant at zero percent

Question

Quizplus · Accepted Answer

U.S. monetary policy is conducted by the Federal Reserve System, which aims to keep inflation low and stable while promoting sustainable economic growth. This is achieved by setting interest rates and conducting open market operations. Additionally, monetary policy is not a function of Congress, which is responsible for fiscal policy. There is no attempt to keep inflation at zero percent, as some level of inflation is considered healthy for the economy.

Current U.S.monetary Policy Is Best Described As