If the United States follows an expansionary monetary policy relative to Japan and Germany,which of the following is not likely to occur?

Question

Quizplus · Accepted Answer

Expansionary monetary policy typically leads to higher levels of income due to increased borrowing and spending. Therefore, it is unlikely that a lower level of U.S. income would result from this policy relative to Japan and Germany. A, B, and C are all plausible outcomes of an expansionary monetary policy.

If the United States Follows an Expansionary Monetary Policy Relative