Monetarists Argue That When Expansionary Fiscal Policy Is Financed Through

question 133

Multiple Choice

Monetarists argue that when expansionary fiscal policy is financed through borrowing,

• A)monetary policy becomes tight.
• B)private investment spending will be crowded out.
• C)the demand for money and interest rates both decrease.
• D)the investment demand curve becomes relatively steep.

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Definitions:

Pétrissage

A kneading technique used in massage therapy that involves squeezing and rolling the muscles to relieve tension.

Effleurage

A form of gentle massage involving smooth, gliding strokes used to relax soft tissue.

Tapotement

A massage technique that involves tapping on the body with the hands, fingers, or a small instrument, thought to increase circulation and relax muscles.

Weight Traction

A therapeutic method that uses weights to apply force to body parts for the purpose of stretching or aligning bones and joints.