Assess the following statements . Which one best describes monetary policy?
A) Monetary policy refers to government measures aimed at controlling the supply of money in the economy.
B) Monetary policy involves government actions to regulate the banking sector and interest rates.
C) Monetary policy focuses on the management of government spending and taxation.
D) Monetary policy aims to influence the overall level of economic activity, primarily through changes in interest rates.
Statement D) Monetary policy aims to influence the overall level of economic activity, primarily through changes in interest rates, best describes monetary policy.