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Please answer both... two part question Save Monetary policy is a term used to refer to the 1) According to this reading, fiscal policy decisions

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Please answer both... two part question

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Save "Monetary policy is a term used to refer to the 1) According to this reading, fiscal policy decisions are actions of central banks to achieve macroeconomic policy objectives such as price stability, full employment, and stable economic growth. In the United States, the Congress A) not handled by Federal Reserve. established maximum employment and price stability as the macroeconomic objectives for the B) used to help make prices more stable. Federal Reserve; they are sometimes referred to as the Federal Reserve's dual mandate. Apart from enacted to ensure full employment in the United C these overarching objectives, the Congress States. determined that operational conduct of monetary D) set up by an independent agency of the federal policy should be free from political influence. As a government. result, the Federal Reserve is an independent agency of the federal government. Fiscal policy is a broad term used to refer to the tax and spending 2) Which of these would be part of the "dual mandate" of the Federal policies of the federal government. Fiscal policy Reserve? decisions are determined by the Congress and the Administration; the Federal Reserve plays no role in determining fiscal policy." A) balancing imports and exports - from The Board of Governors of the Federal Reserve System B) keeping inflation rates at 2% per year C) raising the minimum wage to adjust with inflation D) increasing the number of professional jobs each year M MAY 2 194 5 N

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