Read the two statements and choose the correct option.
I. Quantitative tools affect the total volume of credit in the economy.
II. Qualitative tools affect the direction of credit, that is, which uses it goes to.

Only ICorrect answerYour answerOnly IICorrect answerYour answerBoth I and IICorrect answerYour answerNeither I nor IICorrect answerYour answer

Show the answer and explanation

CorrectNot quiteAnswer C

Correct answer: C

Ten questions from The Central Bank & Monetary Policy, at your own pace.

Ten questions from The Central Bank & Monetary Policy, at your own pace.

Read the two statements and choose the correct option.I. Quantitative tools affect the total volume of credit in the economy.II. Qualitative tools affect the direction of credit, that is, which uses it goes to.