1/6
Looks like no tags are added yet.
Name | Mastery | Learn | Test | Matching | Spaced |
|---|
No study sessions yet.
What are the Fed’s tools?
OMO
What happens when the Fed buys bonds?
Money supply ↑
What happens when the Fed sells bonds?
Money supply ↓
When do we use expansionary monetary policy?
Recession.
When do we use contractionary monetary policy?
Inflation.
What is expansionary fiscal policy?
G↑ or T↓ → AD↑.
What is contractionary fiscal policy?
G↓ or T↑ → AD↓.