Monetary policy designed to slow down economic activity is called _____ monetary policy.A.inflationaryB.contractionaryC.expansionaryD.deflationary
Question
Solution 1
The correct answer is B. Contractionary.
Monetary policy designed to slow down economic activity is called contractionary monetary policy. This type of policy is used to decrease the amount of money circulating in the economy in an effort to combat inflation. It is typically achieved by actions su Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
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Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
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