Economics Question economic, interest, growth

evolsteevol

i thought it would swap Expansionary and Contractionary from the situations it gives, like i feel like its backwards..what do you think?
　
Monetary policy is expansionary  when the policy rate is greater than the neutral interest rate (real trend rate of economic growth + inflation target)
Contractionary  when the policy rate is less than the neutral interest rate

ftwcfa

Just found it in Schweser - Book 2 on page 181.

thommo77

yes thank you i will check when I get home.  I agree with what you said.  What I quoted is from the Scweser Quick Sheet, it must be a mistake!