1.7. Interest rates can be measured more accurately and more quickly than reserve aggregates. Hence an interest...

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1.7. "Interest rates can be measured more accurately and more quickly than reserve aggregates. Hence an interest rate is preferred over the reserve aggregates as a policy instru- ment." Do you agree or disagree? Explain your answer.

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The Economics Of Money Banking And Financial Markets

ISBN: 9780321598905

9th Edition

Authors: Frederic S. Mishkin

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Question Posted: Oct 22, 2024 03:03 AM

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1.7. Interest rates can be measured more accurately and more quickly than reserve aggregates. Hence an interest...

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The Economics Of Money Banking And Financial Markets

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