Author Question: Monetary policy refers to the actions the A) Federal Reserve takes to manage the money supply and ... (Read 107 times)

tatyanajohnson · **on:** Jun 29, 2018

Monetary policy refers to the actions the

A) Federal Reserve takes to manage the money supply and interest rates to pursue its macroeconomic policy objectives.
B) Federal Reserve takes to manage government spending and taxes to pursue its economic objectives.
C) President and Congress take to manage government spending and taxes to pursue their economic objectives.
D) President and Congress take to manage the money supply and interest rates to pursue their economic objectives.

Question 2

Refer to Figure 15-15. What is the economically efficient output level and what is the price at that level?

A) Q2, P2 B) Q2, P3 C) Q3, P2 D) Q4, P1