1. What expansionary fiscal policy would complement an expansionary monetary policy?

A) increase taxes
B) reduce the reserve requirement
C) sell bonds in the open market
D) increase government spending
E) decrease the discount (primary credit) rate

2. What expansionary monetary policy would complement an expansionary fiscal policy?

A) decrease taxes
B) increase the reserve requirement
C) buy bonds in the open market
D) increase government spending
E) increase the discount (primary credit) rate

3. What fiscal policy would counteract an expansionary monetary policy?

A) increase taxes
B) reduce the reserve requirement
C) sell bonds in the open market
D) increase government spending
E) decrease the discount (primary credit) rate