Ask Question
30 January, 00:24

What is expansionary policy used for?

A. To stimulate growth in the economy.

B. To fight rapid inflation in the economy.

C. To discourage individuals from spending.

D. All of the above

+3
Answers (1)
  1. 30 January, 00:38
    0
    expansionary policy is used when a central bank uses it's tools to stimulate economy. that increases the money supply and lowers interest rates
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “What is expansionary policy used for? A. To stimulate growth in the economy. B. To fight rapid inflation in the economy. C. To discourage ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers