The Purpose of a Restrictive Monetary Policy Is To

question 6

Multiple Choice

The purpose of a restrictive monetary policy is to:

• A)stimulate spending.
• B)reduce the cost of borrowing.
• C)stimulate employment.
• D)curb rising prices and overexpansion.

---

Definitions:

Uncollectible Account Receivable

Money owed to a company from a customer that is deemed unlikely to be paid, often resulting in a write-off.