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How does the Central Bank use interest on excess reserves (IOER) as a monetary policy tool? Question 6Answer a. To encourage banks to lend more
How does the Central Bank use interest on excess reserves (IOER) as a monetary policy tool? Question 6Answer a. To encourage banks to lend more b. To discourage banks from lending c. To control inflation directly d. To stabilize stock prices
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Core Macroeconomics
Authors: Eric Chiang
3rd edition
978-1429278478, 1429278471, 978-1429278492, 1429278498, 1464191433, 978-1464191435
