Would a fixed-rate monetary policy have been effective in recent years? What kind of rule has the

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Would a fixed-rate monetary policy have been effective in recent years? What kind of rule has the Fed appeared to follow recently?

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Principles of Money Banking and Financial Markets

ISBN: 978-0321339195

12th edition

Authors: Lawrence S. Ritter, William L. Silber, Gregory F. Udell

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Question Posted: Mar 06, 2018 09:32 AM

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Would a fixed-rate monetary policy have been effective in recent years? What kind of rule has the

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Probably not changes in moneys velocity as well as more rapid than normal real grow...View the full answer

Principles of Money Banking and Financial Markets

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