In its simplest terms, monetary policy involves managing the

Name: In its simplest terms, monetary policy involves managing the
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Monetary policy primarily involves managing the supply of money in an economy. It includes actions taken by the central bank (in the US, the Federal Reserve) to influence interest rates, control inflation, and stabilize the economy. The other options (federal deficit, taxation and spending, balance of trade) are not directly related to monetary policy.

In Its Simplest Terms, Monetary Policy Involves Managing the