Home » Economics » the Central Bank’s expansionary monetary policy is justified at a period?

the Central Bank’s expansionary monetary policy is justified at a period?

the Central Bank’s expansionary monetary policy is justified at a period?
  • A.
    when the inflation rate is high and the economic is experiencing a boom
  • B.
    of economic depression accompanied by low capacity utilization
  • C.
    when trade unions are clamouring for higher wages
  • D.
    when price of crude petroleum is rising
Correct Answer: Option B
Explanation