The expansionary or restrictive thrust of monetary policy would be indicated by:

Question

Quizplus · Accepted Answer

Changes in interest rates and exchange rates are direct tools through which central banks implement monetary policy, affecting the economy's expansion or contraction. Lowering interest rates can stimulate economic growth (expansionary), while raising rates can slow down the economy (restrictive). Changes in exchange rates also affect the economy's competitiveness and balance of payments, influencing economic expansion or contraction.

The Expansionary or Restrictive Thrust of Monetary Policy Would Be