Ask Question
19 July, 16:12

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

+1
Answers (1)
  1. 19 July, 20:04
    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?
Get 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 there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers