Opponents of Quantitative Easing Argued That the _____ Monetary Policy

question 47

Multiple Choice

Opponents of quantitative easing argued that the _____ monetary policy would cause _____.

• A) contractionary; unemployment
• B) expansionary; inflation
• C) contractionary; inflation
• D) expansionary; unemployment

---

Definitions:

Periodic Inventory Method

An inventory valuation method where the inventory balance is updated at specific intervals, such as monthly or yearly, rather than continuously.

Voucher Payment

A method of payment that involves creating a voucher or document detailing the payable amount to a vendor or supplier.

Financial Statement

A written report which quantitatively describes the financial health of a company, including balance sheets, income statements, and cash flow statements.

Normal Balance

The side of the account (debit or credit) on which increases to the account are recorded.