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.

Question

Quizplus · Accepted Answer

The use of money and credit controls is part of monetary policy, which is a tool used by central banks to influence the macroeconomy. It involves adjusting interest rates and the money supply to achieve specific macroeconomic goals such as controlling inflation or stimulating economic growth.

The Use of Money and Credit Controls to Change the Macroeconomy