The core element of monetary policy is the idea that prices, incomes, and economic stability reflect growth in the amount of money that circulates through the economy at any one time.

Question

Quizplus · Accepted Answer

This is a correct statement about the core element of monetary policy. The central bank adjusts the money supply to achieve its inflation and growth targets, which affect prices, incomes, and economic stability.

The Core Element of Monetary Policy Is the Idea That