The Federal Reserve Bank attempted to deal with the sluggish aggregate demand that followed the housing market crash and subsequent financial crisis through:
A. contractionary monetary policy.
B. expansionary fiscal policy.
C. expansionary monetary policy.
D. contractionary fiscal policy.
C. expansionary monetary policy.
Economics
You might also like to view...
The cost of producing a good or service that is paid by people other than the producers is
A) the marginal cost. B) represented by the demand curve. C) represented by the supply curve. D) an external cost.
Economics
In Gordon's early presentation of the IS-LM and AD/SRAS/LRAS models, macro policy was assumed to have ________ effects on aggregate demand
A) immediate and certain B) immediate but uncertain C) delayed but certain D) delayed and uncertain
Economics