Question

Dear Money Policies implies

A High Price Level Correct Answer Incorrect Answer
B Large Money Supply Correct Answer Incorrect Answer
C High Production Correct Answer Incorrect Answer
D High Interest Rates Correct Answer Incorrect Answer
E None of these Correct Answer Incorrect Answer

Solution

Dear Money - A situation in which money or loans are very difficult to obtain in a given country. If you do have the opportunity to secure a loan, then interest rates are usually extremely high. Also known as "tight money"

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