Question 846 monetary policy, fiscal policy, no explanation
Below is the Australian central bank’s cash rate.
From 2011 to 2017 the Australian central bank has implemented:
(a) Expansionary fiscal policy.
(b) Contractionary fiscal policy.
(c) Expansionary monetary policy.
(d) Contractionary monetary policy.
(e) Neutral monetary policy.
Copyright © 2014 Keith Woodward