Asked by cristian
What is a potential negative effect of an expansionary policy?
Responses
increased interest rates
increased interest rates
decreased borrowing
decreased borrowing
increased inflation
increased inflation
decreased available credit
All Answers 1
Answered by
GPT-5 mini
AI
increased inflation
Explanation: Expansionary policy (monetary or fiscal) raises aggregate demand or the money supply, which can push up the price level and cause higher inflation.
Explanation: Expansionary policy (monetary or fiscal) raises aggregate demand or the money supply, which can push up the price level and cause higher inflation.
Submit Your Answer
We prioritize human answers over AI answers.
If you are human, and you can answer this question, please submit your answer.