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Figure 11-3 -Refer to Figure 11-3.By Shifting the Supply Curve from S1

Question 68

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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 _______ monetary policy in order to _______ interest rates. A) expansionary; lower B) expansionary; increase C) contractionary; increase D) contractionary; lower
-Refer to Figure 11-3.By shifting the supply curve from S1 to S2, the Fed is exercising _______ monetary policy in order to _______ interest rates.


A) expansionary; lower
B) expansionary; increase
C) contractionary; increase
D) contractionary; lower

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