The actions that the Bank of Canada takes to manage the money supply and interest rates to pursue macroeconomic policy objectives refer to
A) fiscal policy.
B) monetary policy.
C) quantitative analysis.
D) Federal Reserve transparency.

Question

Quizplus · Accepted Answer

The actions taken by the Bank of Canada to manage the money supply and interest rates to achieve macroeconomic policy objectives refer to monetary policy. Fiscal policy involves government spending and taxation. Quantitative analysis is a method of using mathematical models to analyze data. Federal Reserve transparency refers to the level of openness and accessibility of the Federal Reserve to the public and policymakers.

The Actions That the Bank of Canada Takes to Manage