Monetary policy is the product of a closely guarded elite policymaking process.

Name: Monetary policy is the product of a closely guarded elite policymaking process.
Brand: Quizplus
Rating: 4.7 (50 reviews)

Question

Quizplus · Accepted Answer

Monetary policy is typically crafted by central banks and their governing bodies, which are composed of appointed officials who are often experts in economics and finance. These policymaking processes are often non-transparent and confidential, with decisions made behind closed doors by a small group of individuals.

Monetary Policy Is the Product of a Closely Guarded Elite