- CFA Exams
- CFA Level I Exam
- Topic 2. Economics
- Learning Module 4. Monetary Policy
- Subject 2. Monetary Policy Tools and Monetary Transmission
CFA Practice Question
If the Fed raises the discount rate, aggregate demand ______, real GDP growth ______, and the inflation rate ______.
Correct Answer: decreases; decreases, decreases
User Contributed Comments 2
User | Comment |
---|---|
warnggg | Why does inflation rate fall? |
cfastudypl | because when aggregate demand falls and real GDP growth decreases signalling contraction in the economy, inflation rate will fall. remember too that supply will be > than demand at this time. |