Sovi.AI - AI Math Tutor

Scan to solve math questions

QUESTION IMAGE

what do you call the decisions made by the federal reserve to manage th…

Question

what do you call the decisions made by the federal reserve to manage the money supply and influence the economy?
treasury bills
inflation
prime rate
monetary policy
18 multiple choice 5 points
this type of account pays a higher interest rate, but limits how many checks you can write each month. it also requires you to have a higher minimum balance.
checking account
money market account
regular savings account
savings bond

Explanation:

Brief Explanations

The Federal Reserve's decisions to manage money - supply and influence the economy are called Monetary Policy. A money - market account pays a higher interest rate, has check - writing limitations, and requires a higher minimum balance.

Answer:

  1. D. Monetary Policy
  2. B. Money Market Account