Answered: The use of money and credit controls to…

The use of money and credit controls to influence macroeconomic activity is: A) monetary policy B) fiscal policy C) supply-side policy D) classical policy

Economics:

10th Edition

ISBN:9781285859460

Author:BOYES, William

Publisher:BOYES, William

Chapter15: Macroeconomic Viewpoints: New Keynesian, Monetarist, And New Classical

Section: Chapter Questions

Problem 5E

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Question

The use of money and credit controls to influence macroeconomic activity is:

A) monetary policy

B) fiscal policy

C) supply-side policy

D) classical policy

Branch of economics that analyzes the behavior and performance of an economy as a whole. It focuses on the study of aggregates and evaluates changes related to unemployment, gross domestic product, inflation, monetary and fiscal policies of the government.

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Step 2: Determine the correct form of policy

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Step 3: Incorrect options

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