If the Central Bank Announces That It Is Going to Increase

question 93

Multiple Choice

If the central bank announces that it is going to increase the money supply by 6 per cent this year, it is following:

• A) a demand-based approach.
• B) a discretionary monetary policy.
• C) a discretionary fiscal policy.
• D) a monetarist approach.

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Definitions:

Modified Agreement

A change or revision to the terms of an existing contract, which must be agreed upon by all parties involved.

Substitute Contract

A legal agreement that replaces a previous contract, often due to modified terms or conditions.

Pre-existing Duty

A legal concept where a party's promise to perform a duty that is already owed under the law or under a pre-existing contract is not considered sufficient consideration for a new contract.

Statute of Limitations

Laws setting the maximum period one can wait before filing a lawsuit, depending on the type of claim or crime.