Question
nterbank market targeting means that _____________. A. the central bank accommodates the demand for reserves at the targeted interbank interest rate. B. the central bank
nterbank market targeting means that _____________.
| A. | the central bank accommodates the demand for reserves at the targeted interbank interest rate. | |
| B. | the central bank increases the stock of central bank money to reach a lower new target. | |
| C. | the equilibrium cash rate in the market for reserves and the cash rate target are one and unique concept. | |
| D. | the central bank charges the targeted interest rate in their transactions with banks. |
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Statistics The Art And Science Of Learning From Data
Authors: Alan Agresti, Christine A. Franklin
3rd Edition
9780321755940
