Which of the following is associated with a contractionary monetary policy?
A) raising bond prices
B) selling bonds
C) lowering the required reserve ratio
D) lowering the differential between the discount rate and the federal funds rate
Question 2
The great German hyperinflation during 1922-1923 can be attributed to the:
A) German government printing money to pay bills.
B) absence of financial intermediaries in Germany.
C) emergence of large number of monopolies in Germany.
D) economic policy that restricted the import of goods into Germany.