If Mary takes money from her savings account and buys a T-bond from Jody
with that money, it's:
A.An expansionary policy

B.And example of neutral parentheses neither expansionary nor contractory) policy.

C.And example of an expansionary monetary policy

D.The same as the Fed buying bonds

E.And example of contractory monetary policy

Answers

Answer 1

Answer:

E.And example of contractory monetary policy

Explanation:

Related Questions

On July 1, Shady Creek Resort borrowed $380,000 cash by signing a 10-year, 9% installment note requiring equal payments each June 30 of $59,212. What is the journal entry to record the first annual payment?

Debit Cash $380,000; debit Interest Expense $59,212; credit Notes Payable $439,212.

Debit Interest Expense $59,212; credit Cash $59,212.

Debit Interest Expense $34,200; credit Cash $34,200.

Debit Interest Expense $34,200; debit Interest Payable $25,012; credit Cash $59,212.

Debit Interest Expense $34,200; debit Notes Payable $25,012; credit Cash $59,212.

Answers

34,200

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