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Figure 11-3 -Refer to Figure 11-3. by Shifting the Supply Curve from Supply

Question 67

Multiple Choice

Figure 11-3 Figure 11-3 -Refer to Figure 11-3. By shifting the supply curve from S<sub>1</sub> to S<sub>2</sub>, the Fed is exercising A) expansionary monetary policy in order to lower interest rates. B) expansionary monetary policy in order to increase interest rates. C) contractionary monetary policy in order to increase interest rates. D) contractionary monetary policy in order to lower interest rates.
-Refer to Figure 11-3. By shifting the supply curve from S1 to S2, the Fed is exercising


A) expansionary monetary policy in order to lower interest rates.
B) expansionary monetary policy in order to increase interest rates.
C) contractionary monetary policy in order to increase interest rates.
D) contractionary monetary policy in order to lower interest rates.

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