Which of the following statements is incorrect?
A)The Fed's monetary policy is intended to influence U.S. economic conditions.
B)The Fed's monetary policy affects the supply of loanable funds, which affects interest rates.
C)By influencing interest rates, the Fed is able to influence the amount of money that corporations and households are willing to borrow and spend.
D)All of these are true.

Question

Quizplus · Accepted Answer

All the statements provided are correct descriptions of how the Federal Reserve (the Fed) uses monetary policy to influence the U.S. economy, including affecting the supply of loanable funds, interest rates, and borrowing and spending behaviors of corporations and households.

Which of the Following Statements Is Incorrect