Opponents of quantitative easing argued that the _____ monetary policy would cause _____.
A) contractionary; unemployment
B) expansionary; inflation
C) contractionary; inflation
D) expansionary; unemployment

Question

Quizplus · Accepted Answer

Opponents of quantitative easing argued that the expansionary monetary policy would cause inflation because by increasing the money supply, it would reduce the value of the currency and lead to an increase in prices.

Opponents of Quantitative Easing Argued That the _____ Monetary Policy