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

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‘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 instrument.’

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The Economics Of Money, Banking & Financial Markets

ISBN: 126161

1st Edition

Authors: Massimo Giuliodori, Frederic S. Mishkin Kent Matthews

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Question Posted: Nov 14, 2024 03:00 AM

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

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The Economics Of Money, Banking & Financial Markets

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