The Use of Money and Credit Controls to Change the Macroeconomy

question 40

Multiple Choice

The use of money and credit controls to change the macroeconomy is

• A)Monetary policy.
• B)Considered ineffective by most economists.
• C)No longer used in the United States.
• D)Fiscal policy.

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Definitions:

Jeannette Rankin

The first woman ever elected to the United States Congress, serving as a Representative from Montana and a lifelong advocate for peace and women's rights.

Woman

An adult female human being.

Congress

is the legislative branch of the United States federal government, composed of two houses: the Senate and the House of Representatives.

Peace Ship

Henry Ford's 1915 initiative to send a ship to Europe carrying American activists in an effort to negotiate an end to World War I; it was met with skepticism and did not achieve its goal.