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5. In 2015 a political party proposed a policy of quantitative easing (the creation of money by the central bank). When would such a policy
5. In 2015 a political party proposed a policy of quantitative easing (the creation of money by the central bank). When would such a policy be least likely to destabilise the macro economy in the short run? ( A. when the economy was experiencing a high level of inflation B. when the economy had price stability but there was full employment of the labour force C. when there existed a deep recession with high levels of unemployment D. when there was full employment and a current account balance of payments deficit
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