Multiple Choice
Which of the following is an example of a monetary policy?
A) The federal government decreases income tax rates on people earning less than $40 000.
B) The Bank of Canada redesigns the $20 bill.
C) The central bank takes action to increase the money supply during an economic recession.
D) Congress authorizes an increase in spending on health care.
Correct Answer:
Verified
Correct Answer:
Verified
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