The Two Types of Monetary Policy Are

question 116

Multiple Choice

The two types of monetary policy are

• A) monetary and fiscal.
• B) expansionary and contractionary.
• C) countercyclical and pro-cyclical.
• D) positive and negative.
• E) pro and con.

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Definitions:

Decline

A decrease in size, number, value, or strength.

Grow

Increase in size, amount, or value.

Compounded Monthly

An interest calculation method where interest is added to the principal once a month, affecting the overall interest earned or paid.

GICs

Known as Guaranteed Investment Certificates in Canada, these investments assure a certain rate of return within a predetermined period.