Regulation of the money supply and interest rates by a central bank, such as the U.S. Federal Reserve Board, in order to control inflation and stabilize currency is called ____________________.

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Monetary policy refers to the actions taken by a central bank, such as the Federal Reserve, to influence the availability and cost of money in an economy. This includes regulation of the money supply and interest rates in order to control inflation and stabilize the currency. Fiscal policy refers to government spending and taxation policies. Mandatory spending refers to government spending that is required by law, such as Social Security and Medicare. Laissez faire is an economic philosophy that advocates for minimal government interference in markets. redistributive tax policy refers to taxation policies aimed at reducing economic inequality by redistributing wealth from the rich to the poor.

Regulation of the Money Supply and Interest Rates by a Central