_______________ refers to attempts to manage the economy by controlling the money supply and thus interest rates.

Question

Quizplus · Accepted Answer

Monetary policy refers to the actions taken by a central bank, such as the Federal Reserve in the United States, to manage the money supply and interest rates in order to stabilize the economy. This can include increasing or decreasing interest rates, adjusting reserve requirements for banks, and buying or selling government securities. Monetary policy is often used to combat inflation or recession.

_______________ Refers to Attempts to Manage the Economy by Controlling