According to the "In the News" article, macroprudential tools
A) allow a central bank to alter lending for specific industries.
B) allow a central bank to alter taxes.
C) limit a central bank's power to act independently of the political process.
D) limit the policy tools available to a central bank.

Question

Quizplus · Accepted Answer

Macroprudential tools are designed to help central banks manage financial stability by targeting specific sectors or industries, such as altering lending practices, rather than using broad monetary policy measures.

According to the "In the News" Article, Macroprudential Tools