What are the results of contractionary monetary policy, which intends to slow down the economy, and what are not?
a. Increased investment spending
b. A higher interest rate
c. An increase in aggregate demand in the short run
d. A reduction in the money supply
e. Increased consumer spending
f. An increase in real GDP in the short run
WORD BANK:
- results from contractionary monetary policy.
- does not result from contractionary monetary policy.