An expansionary monetary policy by the Fed would tend to: Lower the U.S. inflati
ID: 1236426 • Letter: A
Question
An expansionary monetary policy by the Fed would tend to:- Lower the U.S. inflation rate, make exports more expensive,make imports cheaper, and lower the value of the dollar.
- Lower the U.S. inflation rate, make exports cheaper, makeimports more expensive, and raise the value of the dollar.
- Raise the U.S. inflation rate, make exports cheaper, makeimports more expensive, and raise the value of the dollar.
- Raise the U.S. inflation rate, make exports more expensive,make imports cheaper, and lower the value of the dollar.
Explanation / Answer
Lower the U.S. inflation rate, make exports more expensive, make imports cheaper, and lower the value of the dollar.