A worldwide recession reduces the amount of Ghana exports and as a result , aggregate demand decreases. To move Ghana GDP back to potential GDP back to potential GDP ,the central bank should ? (a). Lower the monetary policy rate . (b). Raise the monetary policy rate . (c). Increase the government budgets deficits. (d). Decreasing the quantity of money .
A worldwide recession reduces the amount of Ghana exports and as a result , aggregate demand decreases. To move Ghana GDP back to potential GDP back to potential GDP ,the central bank should ? (a). Lower the monetary policy rate . (b). Raise the monetary policy rate . (c). Increase the government budgets deficits. (d). Decreasing the quantity of money .
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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A worldwide recession reduces the amount of Ghana exports and as a result , aggregate
(a). Lower the
(b). Raise the monetary policy rate .
(c). Increase the government budgets deficits.
(d). Decreasing the quantity of money .
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