In 2008, Japanʹs Economy Suffered as World Economies Slowed

Multiple Choice

In 2008, Japanʹs economy suffered as world economies slowed. If authorities in Japan followed the monetarist viewpoint,___________ to bring the economy back to full employment.

A) taxes would be decreased and the money supply should be increased
B) the money supply would be kept growing at a steady pace
C) aggregate supply would shift leftward
D) nothing should be done