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Of the following, which are valid Monetary Policy tools to stimulate the economy during a recession? i.Lower the federal funds rate ii.Increase federal spending on

Of the following, which are valid Monetary Policy tools to stimulate the economy during a recession?

i.Lower the federal funds rate

ii.Increase federal spending on infrastructure

iii.Cut federal income tax rates

a.(i) and (ii) but not (iii)

b.(ii) and (iii) but not (i)

c.(i) and (iii) but not (ii)

d.All three: (i),(ii) and (iii)

e.(i) only

f.(ii) only

g.(iii) only

h.None of these are appropriate fiscal policy tools

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