Select the correct answer.
Which type of policy is controlled by the Board of Governors of the Federal Reserve?
A. fiscal policy
B. federal policy
C. monetary policy
D. foreign policy
E. domestic policy
Answer (2)
The type of policy controlled by the Board of Governors of the Federal Reserve is monetary policy . This involves managing the money supply and interest rates to influence the economy. Therefore, the correct answer is C. monetary policy .
;
The Federal Reserve controls monetary policy , which involves managing the money supply and interest rates. This is distinct from fiscal policy , which is managed by government bodies. Thus, the correct answer is C. monetary policy . ;
