Setting Interest Rates and the Money Supply in an Effort

question 8

Multiple Choice

Setting interest rates and the money supply in an effort to change overall spending in is use of:

• A)fiscal policy.
• B)monetary policy.
• C)investment.
• D)the stock market.

Recognize the impact of the Fed's actions on banks' reserves and the money supply.

Learn the distinction between excess reserves, required reserves, and total reserves.

Understand the process through which money supply expands or contracts.

Recognize the differences and purposes of debit and credit card usage.

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