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Which of the following statements is not correct?

A. Real GDP growth has remained positive since 2010.

B. Quantitative easing is a relatively new monetary policy tool.

C. Unemployment remained above its natural level after three rounds of quantitative easing.

D. Quantitative easing is a contractionary monetary policy

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sebastiansierraocm

Answer:

D) Quantitative easing is a contractionary monetary policy

Explanation:

Quantitative easing is the opposite to contractionary. It is an extremely expansionary monetary policy.

Quantitative easing ocurrs when the fed, instead of running regular open-market operations, decides to expand the amounts and types of assets it buys, in order to inject enormous amounts of money into the economy, with the aim of reactivating it.