Monetary policy refers to the actions taken by the Treasury Department to set the level of the money supply.

Question

Quizplus · Accepted Answer

Monetary policy refers to the actions taken by the central bank, such as the Federal Reserve in the US, to influence the level of interest rates, credit availability, and the money supply in order to achieve economic goals such as price stability and full employment. The Treasury Department is responsible for fiscal policy, which involves taxation and government spending.

Monetary Policy Refers to the Actions Taken by the Treasury