ap macroeconomics MCQ

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• Which of the following is an example of contractionary monetary policy?
  ক

  The Fed lowers the reserve ratio.

  খ

  The Fed lowers the discount rate.

  গ

  The Fed increases taxes on household income.

  ঘ

  The Fed decreases spending on welfare programs.

  ঙ

  The Fed sells Treasury securities to commercial banks.