(1 point)
Responses
the federal government sending stimulus payments to low-wage earners
the federal government sending stimulus payments to low-wage earners
Montana cutting spending to its school systems due to recession
Montana cutting spending to its school systems due to recession
Congress increasing the tax rate on higher-wage earners
Congress increasing the tax rate on higher-wage earners
the Federal Reserve increasing interest rates to fight inflation
the Federal Reserve increasing interest rates to fight inflation
1 answer
The scenario that is an example of the government changing its monetary policy is:
the Federal Reserve increasing interest rates to fight inflation.
Monetary policy refers to the actions taken by a country's central bank (in this case, the Federal Reserve) to control the money supply and influence interest rates to achieve macroeconomic goals such as controlling inflation, maximizing employment, and stabilizing currency.
