4. Lars Svensson, a former Princeton professor and deputy governor of the Swedish central bank, proclaimed that

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4. Lars Svensson, a former Princeton professor and deputy governor of the Swedish central bank, proclaimed that when an economy is at risk of falling into deflation, central bankers should be

“responsibly irresponsible” with monetary expansion policies.

What does this mean, and how does it relate to the monetary transmission mechanisms?

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The Economics Of Money, Banking And Financial Markets, Seventh Canadian

ISBN: 9780226531922

7th Canadian Edition

Authors: Frederic S. Mishkin

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Question Posted: Nov 18, 2024 01:00 AM

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4. Lars Svensson, a former Princeton professor and deputy governor of the Swedish central bank, proclaimed that

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The Economics Of Money, Banking And Financial Markets, Seventh Canadian

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