An Increase in the Reserve Ratio Would Be an Example

question 59

Multiple Choice

An increase in the reserve ratio would be an example of

• A)expansionary fiscal policy.
• B)expansionary monetary policy.
• C)contractionary fiscal policy.
• D)contractionary monetary policy.

---

Definitions:

Category

A class or division of people or things regarded as having particular shared characteristics.

Educational Programs

Structured sets of learning activities or curriculum designed to achieve specific educational aims or qualifications.

Perspective

A particular attitude towards or way of regarding something; a point of view, often influenced by one's background, beliefs, or experiences.

Maturation

The process of becoming mature; in biological terms, it refers to the process of growth and development of organisms.