Monetary Policy Includes Which of the Following

question 23

Multiple Choice

Monetary policy includes which of the following?

• A) Using changes in the amount of money in circulation to alter national economic variables
• B) Using changes in the size of the federal budget deficit to alter national economic variables
• C) Regulating tax rates to ensure controlled growth and low inflation
• D) All economic policies of the president and Congress
• E) Linking the consumer price index and the gross national product

---

Definitions:

Inventory

Inventory refers to the goods and materials that a business holds for the ultimate goal of resale or processing, including raw materials, work-in-progress, and finished goods.

Manufacturing

The process of converting raw materials or components into finished goods through the use of tools, machinery, and labor.

Wholesale

The sale of goods in large quantities at lower prices, typically to retailers who then sell them to the final consumer.

Retail

The sale of goods to the public in relatively small quantities for use or consumption rather than for resale.