For each of the 4 policy statements below, please decide if it is monetary or fiscal, and if it is stimulativeor contractionary.

For instance, if the policy statement is "Sending stimulus checks to the general population", you should decide that this is "stimulative fiscal policy".

• Increasing the top income tax rates.
• Increasing unemployment benefits.
• Increasing short-term interest rates.
• Announcing a plan to purchase mortgage bonds.