To Eliminate the Output Gap Shown in the Figure Below,with

question 10

Multiple Choice

To eliminate the output gap shown in the figure below,with a view to prevent inflation from emerging,the central bank should take a(n) _______ and _______ the official interest rate by a sufficient amount.If successful,such a policy may be expected shift the expenditure line _______.

• A) expansionary monetary policy action;raise;down
• B) contractionary monetary policy action;raise;down
• C) expansionary monetary policy action;lower;down
• D) contractionary monetary policy action;raise;up
• E) expansionary monetary policy action;raise;up

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Definitions:

Heterosexual Hegemony

The dominance and normalization of heterosexual relationships and identities in society, often at the exclusion or marginalization of other sexual orientations.

Kinsman

A term referring to a male relative, or used more broadly to indicate familial bonds or relationships between males.

Racist Assumptions

Prejudiced beliefs that inherently attribute superiority or inferiority to individuals based on racial characteristics, often resulting in systemic discrimination and inequality.

Homophobic Assumptions

Premises or beliefs that are based on prejudice, fear, or dislike of homosexuality or people who are perceived as not conforming to heterosexual norms.