Contractionary Monetary Policy Causes a Short-Run _____ in Interest Rates

question 10

Multiple Choice

Contractionary monetary policy causes a short-run _____ in interest rates in the short run and _____ in interest rates in the long run.

• A) increase; an increase
• B) increase; no change
• C) decrease; no change
• D) decrease; a decrease

---

Definitions:

External Secondary Data

Information that has been collected previously by someone else and is available outside the organization for research purposes.

Economic Research Service

A U.S. government agency providing economic research and analysis, primarily in agriculture, food, the environment, and rural economies.

U.S. Census Bureau

A leading organization within the U.S. Federal Statistical System tasked with generating statistics about the population and economic conditions of the United States.

Repository

A central place where data, documents, or other materials are kept and managed.