If Is Close to Zero, Monetary Policy Is Relatively

question 19

Multiple Choice

If is close to zero, monetary policy is relatively ________ and the AD curve is ________.

• A) aggressive; relatively flat
• B) permissive; relatively steep
• C) aggressive; relatively steep
• D) permissive; relatively flat
• E) permissive; vertical

---

Definitions:

Learning

The process of acquiring new understanding, knowledge, behaviors, skills, values, or preferences, which may involve synthesizing different types of information.

Puzzle Box

A problem-solving apparatus used in experiments, especially in animal psychology, to study learning and ability to solve problems.

Skinner Box

A controlled environment used in behavior analysis to study animal behavior, named after B.F. Skinner, an American psychologist and behaviorist.

Monkeys

Primates that are smaller than apes, often with tails, known for their social nature and intelligence.