2. Considering that consumption accounts for nearly two-thirds of total GDP, this means that the interest rate,
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2. “Considering that consumption accounts for nearly two-thirds of total GDP, this means that the interest rate, wealth, and household liquidity channels are the most important monetary policy channels in Canada.” Is this statement true, false, or uncertain? Explain your answer.
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Related Book For
The Economics Of Money, Banking And Financial Markets, Seventh Canadian
ISBN: 9780226531922
7th Canadian Edition
Authors: Frederic S. Mishkin
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