Attempts to Influence Interest Rates,credit Conditions,and the Money Supply Are

question 148

Multiple Choice

Attempts to influence interest rates,credit conditions,and the money supply are called

• A)fiscal policy.
• B)mixed economic policy.
• C)discounting.
• D)moral suasion.
• E)monetary policy.

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Definitions:

Promisor

An individual or entity that makes a promise or commitment in a contract to perform some specified action in the future.

Promisee

The person to whom a promise is made in a contract, to whom the promisor has an obligation.

Promissory Estoppel

A legal principle that prevents a person from going back on a promise, even if it was not formally made as a contract, if it was reasonable to rely on that promise and doing so caused harm.

Refund

A repayment to someone of money they have previously paid.