a
an expansionary monetary policy
b
a restrictive monetary policy
c
an increased wage policy
d
a deficit financing policy
Explanation
Correct Option
bVideo Explanation
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Discussions (2)
noboday
10 years ago
Restrictive monetrary policy is the right answer ooo....its done to reduce in amount of money in circulation e.g increase in income tax etc
Myschool correct this ASAP
Debbyroar
10 years ago
The selected answer is wrong:
A restrictive monetary policy is adopted by the Central Bank of a country to control inflation rather than an expansionary monetary policy which is used to control deflation. The latter was the selected as the correct answer.
