Question
True or False. The Banco de Bolivia (central bank) will continue to focus on withdrawing liquidity from the local financial market to reduce upward price
True or False.
"TheBanco de Bolivia(central bank) will continue to focus on withdrawing liquidity from the local financial market to reduce upward price pressures stemming from strong domestic demand growth. This will involve keeping high interest rates on short-term central bank bonds/loans and raising bank reserve requirements."
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Macroeconomics Principles Applications and Tools
Authors: Arthur O'Sullivan, Steven Sheffrin, Stephen Perez
9th edition
978-0134089027, 134089022, 978-0134420684
