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In detail, explain why a declining interest rate would complicate monetary policy. As a result, what polices should the central bank now implement and pursue?
In detail, explain why a declining interest rate would complicate monetary policy. As a result, what polices should the central bank now implement and pursue?
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Economics Principles and Policy
Authors: William Baumol, Alan Blinder
13th edition
1305280595, 1305280598, 9781305465626 , 978-1305280595
