_____ refers to actions that shape the economy by influencing interest rates and the supply of cash.
A) Fiscal policy
B) Monetary policy
C) Revenue policy
D) Deficit policy

Question

Quizplus · Accepted Answer

Monetary policy refers to actions taken by a country's central bank to regulate the supply of money and credit in the economy. This includes setting interest rates, adjusting the reserve requirements for banks, and buying or selling government securities to increase or decrease the money supply. By influencing the availability of credit and the cost of borrowing, monetary policy plays a significant role in shaping inflation, economic growth, and employment levels.

_____ Refers to Actions That Shape the Economy by Influencing