Assignment 10 - Monetary Policy
Authored by Benjamin Fenton
Social Studies
12th Grade
Used 22+ times
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44 questions
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1.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
Expansionary monetary policy causes borrowing and spending by consumers and businesses to __________
increase
decrease
2.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Expansionary monetary policy causes _________
AD to shift to the left
AD to shift to the right
SRAS to shift to the left
SRAS to shift to the right
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Expansionary monetary policy causes interest rates to _________
rise
fall
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Assuming SRAS is upward sloping, expansionary monetary policy causes the price level to __________
increase
decrease
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Contractionary monetary policy causes interest rates to _________
rise
fall
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Assuming SRAS is upward sloping, expansionary monetary causes real GDP to __________ in the short run
increase
decrease
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Contractionary monetary policy (i.e. "tight" or "restrictive" monetary policy) involves ________ the money supply
increasing
decreasing
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