Assess the following statements. Which one best describes monetary policy?(1 point)

Question

Responses

Monetary policy was discredited in the 1970s.
Monetary policy was discredited in the 1970s.

Monetary policy tries to create the highest economic growth rate.
Monetary policy tries to create the highest economic growth rate.

Monetary policy focuses on the money supply.
Monetary policy focuses on the money supply.

Monetary policy focuses on spending and taxation.

Answer 1

Monetary policy focuses on the money supply.