Which of the Following Is an Example of a Monetary

question 20

Multiple Choice

Which of the following is an example of a monetary policy?

• A) The federal government decreases income tax rates on people earning less than $40 000.
• B) The Bank of Canada redesigns the $20 bill.
• C) The central bank takes action to increase the money supply during an economic recession.
• D) Congress authorizes an increase in spending on health care.

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Definitions:

Absolute Threshold

The minimum intensity of stimulus that can be detected by the sensory systems, below which the stimulus is not perceived.

Hearing Ability

The capability to perceive sound by detecting vibrations through an organism's ear or analogous sensory organs.

Improves

To become better or to make something better in quality, value, or performance.

Absolute Threshold

The minimum intensity at which a stimulus can be detected by an individual 50% of the time.