Which best describes what a central bank uses monetary policy to do?

a) ensure that the government has a balanced budgetb) influence financial institutions globallyc) ensure that the government is sufficiently fundedd) steer the economy away from recession and toward growth

Question

Logan Day

Business

1 February, 13:03

Which best describes what a central bank uses monetary policy to do?

a) ensure that the government has a balanced budgetb) influence financial institutions globallyc) ensure that the government is sufficiently fundedd) steer the economy away from recession and toward growth

+3

Answers (2)

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Damarion Lucas · Answer 1

d) steer the economy away from recession and toward growth best describe what central bank uses money policy to do

Explanation:

A key role of the central banks is to conduct monetary policy so as to achieve price stability (low and stable inflation) and to aid manage economic fluctuations.

Spears · Answer 2

steer the economy away from recession and toward growth

Explanation:

on edge

Which best describes what a central bank uses monetary policy to do?a) ensure that the government has a balanced budgetb) influence financial institutions globallyc) ensure that the government is sufficiently fundedd) steer the economy away from recession and toward growth

Which best describes what a central bank uses monetary policy to do?

a) ensure that the government has a balanced budgetb) influence financial institutions globallyc) ensure that the government is sufficiently fundedd) steer the economy away from recession and toward growth