When a Central Bank Uses Contractionary Monetary Policy, _______ Is

question 24

Multiple Choice

When a central bank uses contractionary monetary policy, _______ is most likely to occur.

• A) disinflation
• B) inflation
• C) deflation
• D) stagflation

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Definitions:

Ratio

A quantitative relationship between two numbers, showing how many times one value contains or is contained by the other.

Manufacturing Business

A type of business that produces goods in large quantities using raw materials and machinery.

Book Publisher

A company or individual that manages the production, marketing, distribution, and rights of books and other literary works.

Partnership

A partnership is a legal form of business operation between two or more individuals who share management and profits.