Question

The country/countries that has/have resorted to Quantitative easing in the last decade is/are

• A. United States of America
• B. United Kingdom
• C. Japan
• D. All of the above

Hint:

More than one major economy used this tool after 2008.

Answer 1

The Correct Option is D

This question checks awareness of monetary policy actions taken by major economies.

1. United States of America: Partly correct but incomplete. The US Federal Reserve ran several rounds of quantitative easing after the 2008 financial crisis, buying bonds to inject money into the economy.
2. United Kingdom: Partly correct but incomplete. The Bank of England also used quantitative easing after 2008 to support its economy.
3. Japan: Partly correct but incomplete. The Bank of Japan used large scale quantitative easing for years to fight deflation and boost growth.
4. All of the above: Correct. All three, the US, UK and Japan, used quantitative easing in the last decade, so this is the complete answer.

So the answer is All of the above, option D.