Monetary and Fiscal Policy Quick Check

Question

3 of 53 of 5 Items
Question
Assess the following statements. Which one best describes monetary policy?(1 point)
Responses

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

Monetary policy focuses on spending and taxation.
Monetary policy focuses on spending and taxation.
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Answer 1

The correct answer is: Monetary policy focuses on the money supply.