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When the government puts restrictions on how credit card companies and financial institutions can behave with regard to who they can lend money or give credit, this reducing predatory lending, this is an example of which type of policy? (budget, monetary, regulatory, or fiscal?)

pls write as much as possible ab it

Respuesta :

annyksl

The government restrictions presented in the question above is an example of monetary policy.

This is because these restrictions aim to regulate and control the circulation of the country's national currency, allowing for inflationary control and interest rate control in different economic scenarios.

In other words, it is the monetary policy that regulates the economy, stimulating or retracting it, if necessary.

For this reason, it is important for the government to limit the way financial institutions and credit card companies can behave in relation to providing money or credit to the population.

You can find more information about monetary policy at the link below:

https://brainly.com/question/15566475?referrer=searchResults

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