Identify the goals of the central bank when creating monetary policy. Check all that apply.

1) reducing employment

2) influencing the business cycle

3) reducing economic growth

4) encouraging economic growth

5) avoiding periods of time where little credit is available

Question

Social Studies

Miah Hubbard

2 July, 15:30

Identify the goals of the central bank when creating monetary policy. Check all that apply.

1) reducing employment

2) influencing the business cycle

3) reducing economic growth

4) encouraging economic growth

5) avoiding periods of time where little credit is available

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Answers (1)

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Corbin Delgado · Answer 1

Monetary policy is the process by which the monetary authority of a country, like the central bank or currency board, controls the supply of money, often targeting an inflation rate or interest rate to ensure price stability and general trust in the currency.

Identify the goals of the central bank when creating monetary policy. Check all that apply.1) reducing employment2) influencing the business cycle3) reducing economic growth4) encouraging economic growth5) avoiding periods of time where little credit is available

Identify the goals of the central bank when creating monetary policy. Check all that apply.

1) reducing employment

2) influencing the business cycle

3) reducing economic growth

4) encouraging economic growth

5) avoiding periods of time where little credit is available