Monetary Policy Is Determined by

question 265

Multiple Choice

Monetary policy is determined by

• A)the president and Congress and involves changing government spending and taxation.
• B)the president and Congress and involves changing the money supply.
• C)the Federal Reserve and involves changing government spending and taxation.
• D)the Federal Reserve and involves changing the money supply.

---

Definitions:

Certified Check

A personal check for which the issuing bank guarantees payment by certifying that sufficient funds are available and set aside.

Liable

Legally responsible or obligated, often in the context of owing compensation for harm or damages caused.

Liability

A legal responsibility for one's actions or omissions, which may result in having to pay damages or make restitution in a civil lawsuit.

Instrument

A legal document formally evidencing a right, obligation, or financial transaction.