A sale of government debt as part of open market operations would be an example of
A. contractionary fiscal policy.
B. contractionary monetary policy.
C. expansionary fiscal policy.
D. expansionary monetary policy.
Answer: B
You might also like to view...
If the consumption of a good involves a positive externality, what can be done to encourage consumers to consume more of the good?
What will be an ideal response?
Ceteris paribus, a rise in interest rates in the United States will cause the yen price of the dollar in international exchange markets to ________. I.e., the dollar ________ in value against the yen
A) increase; depreciates B) decrease; depreciates C) decrease; appreciates D) increase; appreciates
In July 2010, what was the total value of U.S. currency in circulation?
A) $500 million B) $150 billion C) $1080 billion D) $6 trillion
The demand for dollars is downward sloping because when dollar value rises,
a. Foreigners demand more of US goods and services b. Foreigners demand less of US goods and services c. Foreigners demand more dollars d. It does not depend on the dollar value