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Question
What is the term used for the policy that directly impacts the flow of money in an economy?
What is the term used for the policy that directly impacts the flow of money in an economy?
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Solution
The correct option is C Monetary policy
Central banks use monetary policy to manage the supply of money in a country's economy. With monetary policy, a central bank increases or decreases the amount of currency and credit in circulation in a continuing effort to keep inflation, growth, and employment on track.
Central banks use monetary policy to manage the supply of money in a country's economy. With monetary policy, a central bank increases or decreases the amount of currency and credit in circulation in a continuing effort to keep inflation, growth, and employment on track.
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