Which of the Following Is a Series of Events That

question 54

Multiple Choice

Which of the following is a series of events that accurately describes the steps by which restrictive monetary policy is effective?

• A)Decrease in interest rate,decrease in M1,and increase in investment.
• B)Decrease in M1,increase in interest rate,and decrease in investment.
• C)Increase in M1,decrease in investment,and decrease in interest rate.
• D)Increase in M1,increase in interest rate,and increase in investment.

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