An Autonomous Tightening of Monetary Policy

question 18

Multiple Choice

An autonomous tightening of monetary policy

• A)causes an upward movement along the monetary policy curve.
• B)causes a downward movement along the monetary policy curve.
• C)shifts the monetary policy curve upward.
• D)shifts the monetary policy curve downward.

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Definitions:

Oversensitivity

An exaggerated response to external stimuli, which can be emotional, physical, or both.

Particular Object

A specific item or entity that is singled out or distinguished from others in its group or category.

Phobias

Extreme or irrational fears of specific objects, situations, or activities, often leading to avoidance behavior.

Evolution

The process by which different kinds of living organisms are thought to have developed and diversified from earlier forms during the history of the earth.