Question
In the context of macroeconomics - LTRO (Long Term Repo Operation) is a tool in which central bank offers money to banks for a period
In the context of macroeconomics -
LTRO (Long Term Repo Operation) is a tool in which central bank offers money to banks for a period of one to three years at the prevailing repo rate.
Question) How will LTRO impact IS-LM and AD-AS model? Using macroeconomics, how it impact on the economy's output?
(Need brief points in hundred-two hundred words)
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Principles Of Economics
Authors: Robert H. Frank, Ben Bernanke Professor, Kate Antonovics, Ori Heffetz
6th Edition
0078021855, 9780078021855
