Monetary policy refers to
A) actions taken by banks and other financial institutions regarding their approaches to lending,account management,etc.
B) changes in the money supply to achieve particular economic goals.
C) changes in government expenditures and taxation to achieve particular economic goals.
D) the change in private expenditures that occurs as a consequence of changes in the money supply.

Question

Quizplus · Accepted Answer

Monetary policy refers to the actions taken by a central bank or other monetary authority to control the supply of money in the economy and achieve specific economic goals. This can involve changes in interest rates, reserve requirements, and open market operations, among other measures, to control inflation, boost economic growth, or stabilize financial markets.

Monetary Policy Refers to