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By lowering the interest rate to bolster borrowing and spending to increase aggregate demand, the fed is instituting which type of monetary policy?

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Today at 11:08 AM

The type of monetary policy which the fed is instituting by lowering the interest rate to bolster borrowing and spending to increase aggregate demands called expansionary monetary policy.

What is a expansionary monetary policy?

Expansionary monetary policy is supply of money which allows government to increase money supply

So therefore, the type of monetary policy which the fed is instituting is called expansionary monetary policy.

Learn more about more about expansionary monetary policy:

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