Which of the following is an example of reflationary monetary policy?


Which of the following is an example of reflationary monetary policy?
A . Lowering interest rates in order to boost the economy during a recession.
B . Introducing a tax on financial transactions in order to reduce the volume of speculative transactions
C . Increasing investment in education in order to improve the long term competitiveness of the economy
D . Reducing government expenditure in order to rem in a budget deficit

Answer: A

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