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Which of the following monetary policy measures should the Bank of England (the UK central bank) implement to avoid a recession in the country? Group
Which of the following monetary policy measures should the Bank of England (the UK central bank) implement to avoid a recession in the country?
Group of answer choices
Decrease taxes.
Lower the reserves requirement ratio for commercial banks
Sell government bonds in the open market.
Actually, none of these are appropriate monetary policy measures to avoid a recession.
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