Which of the Following Statements Is True

Multiple Choice

Which of the following statements is true?

A) Countercyclical monetary policy slows down the growth rate of an economy during an expansion by shifting the labor demand curve to the left.
B) Countercyclical monetary policy slows down the growth rate of an economy during an expansion by shifting the labor supply curve to the right.
C) Countercyclical monetary policy slows down the growth rate of an economy during an expansion by shifting the labor demand curve to the right.
D) Countercyclical monetary policy slows down the growth rate of an economy during an expansion by shifting the labor supply curve to the left.