Which statement best explains US monetary policy?
US monetary policy refers to the actions taken by the Federal Reserve (the central bank of the United States) to control and manage the money supply and interest rates in the economy. It is designed to promote stable prices, full employment, and sustainable economic growth.
The best statement to explain US monetary policy is:
"The main goal of US monetary policy is to influence the overall economic activity in the country by adjusting the money supply and interest rates to achieve price stability, promote maximum employment, and support sustainable economic growth."