The Bank has decreased the policy interest ratea nominal short-term interest rateto 0%, and yet the economy
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The Bank has decreased the policy interest rate—a nominal short-term interest rate—to 0%, and yet the economy is still struggling. Explain what tools it still has at its disposal to help spur the economy and how it could use them.
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Related Book For
Principles Of Macroeconomics
ISBN: 9781982166649
1st Canadian Edition
Authors: Betsey Stevenson, Justin Wolfers, Philip Oreopoulos, Kevin Milligan
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