Which of the following measures would have a contractionary impact on the economy?
A) Reducing interest rates
B) Increasing bank reserve requirements
C) Increasing the money supply
D) Increasing government spending
Answer: B
Which of the following measures would have a contractionary impact on the economy?
A) Reducing interest rates
B) Increasing bank reserve requirements
C) Increasing the money supply
D) Increasing government spending
Answer: B