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Which best describes what a central bank uses monetary policy to do?
ensure that the government has a balanced budget
influence financial institutions globally
ensure that the government is sufficiently funded
steer the economy away from recession and toward growth
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Answer :

GinnyAnswer

Final answer:

Central banks use monetary policy to guide the economy towards growth by influencing interest rates and credit conditions.


Explanation:

A central bank uses monetary policy to steer the economy away from recession and toward growth. This involves decisions on interest rates and credit conditions to influence borrowing and spending. For example, during economic slowdowns, the central bank may increase the money supply to lower interest rates and stimulate economic activity.


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