The Appropriate Monetary Policy Response to a Situation with Deficient

question 4

Multiple Choice

The appropriate monetary policy response to a situation with deficient financial liquidity

• A) an open market sale of government bonds.
• B) to do nothing.
• C) an open market purchase of government bonds.
• D) to increase reserve requirements.

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Definitions:

Bluetooth

A wireless technology standard for exchanging data over short distances between fixed and mobile devices, creating personal area networks.

NFC

Near Field Communication, a set of communication protocols that enable two electronic devices, one of which is usually a portable device such as a smartphone, to establish communication by bringing them within 4 cm of each other.

RFID

Radio-frequency identification, a technology using electromagnetic fields to automatically identify and track tags attached to objects.

Mobile Health App (mHealth)

A mobile application designed to offer health-related services and information via smartphones, tablets, or wearable devices.