Question

What does “monetary policy” mean?


actions the Federal Reserve takes to influence the economy


decisions about how much the Federal Reserve charges members


political policies pursued by the federal government


Federal Reserve policies on creating new banks

Answer 1

"Monetary policy" refers to the actions the Federal Reserve takes to influence the economy. It involves managing the supply of money and interest rates to achieve specific economic goals, such as controlling inflation, maximizing employment, and stabilizing the financial system.