• 2022-05-27
    According to the assignment rule, which of the following policy mixes
    is appropriate for a country with high inflation, a balance of
    payments deficit, and fixed exchange rates? ____.
    A: Expansionary fiscal policy and expansionary monetary policy
    B: Expansionary fiscal policy and contractionary monetary policy
    C: Contractionary fiscal policy and expansionary monetary policy
    D: Contractionary fiscal policy and contractionary monetary policy
  • D

    举一反三

    内容

    • 0

      Which business cycle theory suggests that an expansionary monetary or fiscal policy should be used to revive an economy from a recession? A: Monetarist theory. B: Keynesian theory. C: New classical theory.

    • 1

      The government sells US dollars for domestic currency in foreign market to prevent its currency devaluation. This activity is known as() A: financing policy B: expenditure change policy C: fiscal policy D: monetary policy

    • 2

      Which of the following is an effect of expansionary monetary policy A: lower prices. B: lower real output. C: higher employment.

    • 3

      Due to the time lag of monetary policy, to make monetary policy effective, monetary policy needs to be forward-looking.

    • 4

      Which of the following is NOT a fiscal policy?