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Q23. Monetary policy is difficult to conduct because A: the interest rate always raises. B: politicians often block the policy's outcomes. C: the chartered banks

Q23. Monetary policy is difficult to conduct because

A: the interest rate always raises.

B: politicians often block the policy's outcomes.

C: the chartered banks often don't cooperate.

D: the policy tools don't work.

E: it can take years for real GDP to respond to interest rate changes

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