Multiple Choice
In response to the crisis, the U.S. policymakers implemented:
A) only expansionary monetary policy.
B) expansionary fiscal policy and contractionary monetary policy.
C) expansionary fiscal policy and expansionary monetary policy.
D) contractionary fiscal policy and expansionary monetary policy.
E) contractionary fiscal policy and contractionary monetary policy.
Correct Answer:

Verified
Correct Answer:
Verified
Q2: What are the two channels in which
Q3: Which of the following is called an
Q4: The crisis pushed up borrowing costs, lowered
Q5: An open market sale of bonds by
Q6: An open market purchase of bonds by
Q7: Consider the following balance sheet situation of
Q8: Consider the following balance sheet situation of
Q9: When the economy is in a liquidity
Q10: What are securitised bonds?<br>A) They appear on
Q11: The effectiveness of expansionary monetary policy is