Monetary reform is a new monetary policy that includes:
A)the introduction of a new unit of currency.
B)a reduction in borrowing.
C)an increase in government spending.
D)the issuing of more currency.
E)an increase in taxes.

Question

Quizplus · Accepted Answer

Monetary reform involves introducing a new unit of currency to replace the old one, in order to stabilize or strengthen the economy. It does not necessarily involve reducing borrowing or increasing government spending, issuing more currency, or raising taxes, although these may be possible outcomes or accompanying measures.

Monetary Reform Is a New Monetary Policy That Includes