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10/19/2020Week 5 - Quiz: ECO203: Principles of Macroeconomics (BNK2039A)1/8Week 5 - QuizDueOct 25 at 11:59pmPoints10Questions10Time Limit720 MinutesInstruc±onsA±empt HistoryAttemptTimeScoreLATESTAttempt 1 15 minutes8 out of 10Score for this quiz: 8out of 10Submitted Oct 19 at 2:07pmThis attempt took 15 minutes.Week 5 Quiz[WLOs: 1, 2, 3, 4] [CLOs: 2, 3, 5]Complete the quiz on the assigned readings for the week. The quiz contains 10 multiple-choice questions and is worth 5% of your coursegrade.Click on the Take the Quizbutton when you are ready to start this exam. When finished, click on Submit Quiz.0 / 1 ptsQuestion 1
10/19/2020Week 5 - Quiz: ECO203: Principles of Macroeconomics (BNK2039A)2/8When the Fed acts in response to the Treasury’s need for financing, it is following __________.accommodating monetary policy Correct AnswerCorrect Answerdirected monetary policy You Answereda monetary rule a fiscal rule The answer can be found in Chapter 14, Section 14.2, Government Borrowing, Crowding Out,and Monetary Policy.