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.
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the correct answer is b is the correct answer
why is it b?
because that was really all china was known for during that
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