An increase in the discount rate is an indication of a central bank's intention to...

ECONOMICS
JAMB 2001

An increase in the discount rate is an indication of a central bank's intention to pursue?

  • A. an expansionary monetary policy
  • B. a disciplined monetary policy
  • C. a dynamic monetary policy
  • D. a contractionary monetary policy

Correct Answer: A. an expansionary monetary policy



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