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Basic Question 3 of 7
If a central bank decides to increase interest rates, its monetary policy is said to be ______.
B. expansionary
C. neutral
A. contractionary
B. expansionary
C. neutral
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Edward Liu
Learning Outcome Statements
determine whether a monetary policy is expansionary or contractionary;
describe limitations of monetary policy;
CFA® 2024 Level I Curriculum, Volume 2, Module 12.