A reduction in interest rates by the Fed with the intention of reducing a recessionary gap is called:
A)expansionary monetary policy.
B)contractionary monetary policy.
C)monetary tightening.
D)autonomous monetary policy.

Question

Quizplus · Accepted Answer

A reduction in interest rates by the Fed with the intention of reducing a recessionary gap is called expansionary monetary policy.

A Reduction in Interest Rates by the Fed with the Intention