Refer to the Article Summary. Implementing a negative interest rate policy, as was advocated by the president of the Federal Reserve Bank of Minneapolis, would be an example of ________ monetary policy designed to ________ aggregate demand
A) contractionary; increase B) expansionary; increase
C) expansionary; decrease D) contractionary; decrease
B
Economics
You might also like to view...
What is the main difference between classical economists' ideas about economic growth versus what modern evidence suggests?
What will be an ideal response?
Economics
What does the term run on the bank mean?
A) People will rush in to deposit money in the bank. B) People will rush to buy the bank's stock. C) Depositers of the bank will rush in to close out their accounts at the bank. D) Depositers of the bank will rush in to add money to the accounts they already have with the bank. E) none of the above
Economics