Monetary policy is

Question

Monetary policy is

Quizplus · Accepted Answer

Monetary policy refers to the actions taken by a central bank, such as the Federal Reserve in the United States, to control and manipulate the economy through interest rates, credit conditions, and the money supply. Minting coins and printing notes is a part of monetary policy but only a small aspect of it. Manipulating government expenditures and tax revenues is considered fiscal policy, not monetary policy. Regulating the United States dollar price of gold is not a part of monetary policy since the U.S. dollar is no longer backed by gold.

Monetary Policy Is