If consumers and businesses are especially pessimistic, as in the great recession of 2007-2009, and do not want to borrow money from banks, then the use of an expansionary money policy is likened to: completing the circle pushing on a string filling in the blanks checking the list

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Business

Philip York

8 January, 23:03

If consumers and businesses are especially pessimistic, as in the great recession of 2007-2009, and do not want to borrow money from banks, then the use of an expansionary money policy is likened to: completing the circle pushing on a string filling in the blanks checking the list

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Nathan Cannon · Answer 1

Checking the list is the correct answer to this multiple choice question. This question deals with macroeconomic theory and the use of an expansionary money policy is likened to checking a list when dealing with economics.