Which of the Following May NOT Serve as a Possible

question 18

Multiple Choice

Which of the following may NOT serve as a possible chain reaction for either fiscal or monetary policy?

• A)G↑ ⇒ Y↑ ⇒ C↑ ⇒ Y↑ ⇒ C↑....
• B)T↓ ⇒ Y↑ ⇒ C↑ ⇒ Y↑ ⇒ C↑....
• C)M↑ ⇒ i↓ ⇒ I↓ ⇒ Y↓ ⇒ C↓....
• D)M↑ ⇒ i↓ ⇒ I↑ ⇒ Y↑ ⇒ C↑....
• E)M↓ ⇒ i↑ ⇒ I↓ ⇒ Y↓ ⇒ C↓....

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Definitions:

Drawee

The party upon whom a check or draft is drawn, typically a bank, that is directed to pay a certain amount of money.

Stop-payment Order

An instruction given to a bank to stop a check or payment that hasn't been completed.

Writing

The act or process of producing and recording words in a form that can be read, understood, and preserved, often used legally to refer to the embodiment of agreements or contracts on a tangible medium.

Computers

Electronic devices that execute commands from software to perform a wide range of functions, from basic calculations to complex data processing.