Which of the Following Is an Optimal Macroeconomic Policy to the GFC

question 36

Multiple Choice

Which of the following is an optimal macroeconomic policy to the GFC shocks?

• A)an increase in transfer payments
• B)an increase in the interest rate
• C)a decrease in the inflation target
• D)a decrease in government expenditures

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Definitions:

Warehouse Receipts

Documents issued by warehouse operators certifying the possession and storage of specified goods.

Bills of Lading

Official documents issued by a carrier to acknowledge the receipt of cargo for shipment.

Accession

A method of acquiring property rights by adding value to personal property through labor or new materials.

Speakers

Devices designed to produce audio output from an electronic device.