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In good economic times, a surge in lending exaggerates the episode of economic growth. Which of the following adaptations of monetary policy can moderate these
In good economic times, a surge in lending exaggerates the episode of economic growth. Which of the following adaptations of monetary policy can moderate these exaggerated effects? Question 23 options: a) quantitative easing when banks are under stress b) monitoring asset prices and leverage c) price stability to reinforce effect of deposit insurance d) inflation-targeting lender of last resort policies
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Principles of economics
Authors: N. Gregory Mankiw
6th Edition
978-0538453059, 9781435462120, 538453052, 1435462122, 978-0538453042
