Which of the following is not associated with an expansionary monetary policy?
A) a depreciating currency
B) a current account deficit
C) a current account surplus
D) higher interest rates
E) a lower price level

Question

Quizplus · Accepted Answer

Higher interest rates are typically associated with a contractionary monetary policy, not an expansionary one. Expansionary monetary policy aims to lower interest rates to stimulate borrowing and spending.

Which of the Following Is Not Associated with an Expansionary