In a situation where short-run interest rates have hit their zero lower bound, can the Fed still

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In a situation where short-run interest rates have hit their zero lower bound, can the Fed still lower other, higher, longer-term interest rates? Discuss specific actions that the Fed can take and how they would work.

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Principles Of Economics

ISBN: 9781266052309

8th Edition

Authors: Robert H. Frank, Ben Bernanke, Kate Antonovics, Ori Heffetz

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