Question

Monetary policy

		is determined by Congress
		is determined by Congress but must be approved by the President
		is determined at the time of annual federal budget
		is not discriminatory among segments of population like fiscal policy

Answer 1

The answer is option (d).Monetory policy is not discriminatory among segments of population like fiscal policy.

The main objectives of monetary policy is to control inflation, manage the employment levels, and to maintain long term interest rates. The Fed is responsible for implementing monetary policy through various methods such as open market operations, reserve requirements, discount rates, the federal funds rate, and inflation targeting. Monetary policy is a tools used by the Federal Open Market Committee which is dependent on the availability of credit and the money supply. Congress and the president are responsible for approval and implementation of Fiscal policy
.