Asked by courtney mitchell on Apr 27, 2024
Verified
In 2010,the person most responsible for our monetary policy was
A) Paul Volcker.
B) Alan Greenspan.
C) Barack Obama.
D) Ben Bernanke.
Monetary Policy
Actions taken by a central bank to control the money supply and interest rates in order to influence economic conditions, such as inflation and employment.
Ben Bernanke
A prominent American economist who served as the Chairman of the Federal Reserve from 2006 to 2014, known for his policies during the financial crisis of 2008.
- Identify the correlation between the Federal Reserve's monetary policy measures and their consequences on economic conditions.
Verified Answer
JH
Jabira HoldenApr 30, 2024
Final Answer :
D
Explanation :
In 2010, Ben Bernanke was the Chairman of the Federal Reserve, making him the person most responsible for the country's monetary policy.
Learning Objectives
- Identify the correlation between the Federal Reserve's monetary policy measures and their consequences on economic conditions.