Monetary policy is the efforts of government to control the supply and flow of __________ in the economy.

Question

Quizplus · Accepted Answer

Monetary policy refers to the actions taken by the government to influence the supply and flow of money in the economy. This can include adjusting interest rates, controlling the amount of money in circulation, and setting policies for the banking system. The goal of monetary policy is to promote economic stability, including low inflation and sustained economic growth.

Monetary Policy Is the Efforts of Government to Control the Supply