The Problem of "Cyclical Asymmetry" Refers to the Notion That

question 154

Multiple Choice

The problem of "cyclical asymmetry" refers to the notion that:

• A)monetary policy may be more successful in slowing expansions and controlling inflation than in extracting the economy from severe recession.
• B)the monetary authorities have been less willing to use an expansionary monetary policy than they have a restrictive monetary policy.
• C)cyclical downswings are typically of longer duration than cyclical upswings.
• D)an expansionary monetary policy can force an expansion of the money supply, but a restrictive monetary policy may not achieve a contraction of the money supply.

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Definitions:

Hypocenter

The place where an earthquake is generated; synonym: the focus.

Strike-slip Fault

A type of fault where the movement of the Earth's crust is predominantly horizontal, parallel to the strike of the fault.

Reverse Fault

A reverse fault is a type of geological fault where the hanging wall moves upward relative to the footwall, typically occurring in areas of compression like the boundaries of convergent tectonic plates.

Thrust Fault

A type of fault in which one rock stratum is pushed up and over another due to compressional forces.