Basically,Josephson believes that the businessmen was morally wrong because they finding out the loop hole in the system in order to obtain personal profit.
Folsom on the other hand, sees that the businessmen are Geniuses because they manged to find a way to lower the price and ganed more than 90% of the market share.
The correct answer would be option D, Monetary Policy.
According to the Federal Reserve's 2016 edition of Purposes and Functions, Monetary Policy is the Federal Reserve's actions, as a central bank to achieve three goals specified by congress.
Explanation:
A monetary policy of a country is the policy formulated by the monetary authority of the country. A monetary policy simply controls the money supply. This money supply is controlled by either targeting the interest rates or by controlling the employment and prices of products in the economy.
The three goals specified by congress in the 2016 Monetary Policy edition of Federal Reserves are:
- Maximum Employment
- Stable Prices
- Moderate long term interest rates.
These goals basically formulate the Monetary Policy. Monetary Policies are made to strengthen the currency and to increase the trust of people on the currency and economy of the country.
Learn more about Monetary Policy at:
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I would say Communism, hope this helps
The answer to the question is A