Which of the Following Is an Example of an Expansionary

question 78

Multiple Choice

Which of the following is an example of an expansionary monetary policy?

• A)A reduction in government purchases of goods and services
• B)An increase in the discount rate
• C)An open market sale of U.S.government securities
• D)A reduction in the required reserve ratio
• E)A tax cut

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Definitions:

Ratification

The formal validation of a proposed law or constitutional amendment, usually by vote or consent of authorized legislative bodies or through a referendum.

National Bill

A legislative proposal debated and adopted by a national body, such as a parliament, to become a law.

Aristocratic Senate

A legislative body or chamber that is comprised of members of the aristocracy, typically representing privilege, inherited titles, or elevated social status.

Anti-Federalists

Individuals who opposed the ratification of the United States Constitution, fearing a too powerful central government.