Expansionary monetary policy is usually has real expansionary short-run effects. as prices adjust, the long-run impact of inflationary effect.
Expansionary or known as loose policy is a form of macroeconomic policy that seeks to encourage economic growth. Expansionary policy might consist of either monetary policy or it can be fiscal policy or it can be the combination of the two.
It is a part of the general policy prescription of Keynesian economics which is to be used during economic slowdowns as well as the recessions in order to moderate the downside of economic cycles.
Expansionary policy can involve significant costs as well as the risks which includes macroeconomic or microeconomic, and political economy issues.
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answer
<em>c </em><em> </em><em>i </em><em>don't </em><em>need </em><em>to </em><em>explain </em><em>I'd </em><em>take </em><em>c</em>
Answer:
It will take 10.058 years from today.
Explanation:
Giving the following information:
Present value= $1,091
Future value= $1,728
Interest rate= 12%
<u>First, we need to calculate the number of years it will take to transform the PV into the FV:</u>
<u></u>
n= ln(FV/PV) / ln(1+i)
n= ln(1,728/1,091) / ln(1.12)
n= 4.058 years
It will take 10.058 years from today.
