please answer this correctly, this is for my exam!

Economics
Tutor: None Selected Time limit: 1 Day

Given the recent Chinese stock market collapse, slowing growth, and moderate price inflation, the most appropriate monetary policy for the immediate future is most likely

a. a tas decrease

b. an increase in welfare transfer payments.

c. open market purchases by the central bank.

d. a massive public works project.

e. a tax increase.

f. increase in reserve requirements on bank deposits.

Aug 19th, 2015

Thank you for the opportunity to help you with your question!

the correct answer is b is the correct answer 

Please let me know if you need any clarification. I'm always happy to answer your questions.
Aug 19th, 2015

why is it b?

Aug 19th, 2015

because that was really all china was known for during that 

Aug 19th, 2015

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