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msouthern msouthern
wrote...
Posts: 481
Rep: 7 0
5 years ago

Question 1.

Zero interest rate bound means the interest rate cannot go below zero.



▸ true

▸ false

Question 2.

In a binding situation,the Fed has no way to raise or lower the interest rate.



▸ true

▸ false
Textbook 
Principles of Economics

Principles of Economics


Edition: 12th
Authors:
Read 54 times
1 Reply
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Answer verified by a subject expert
coltonf1coltonf1
wrote...
Posts: 392
5 years ago
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msouthern Author
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5 years ago
This site is awesome
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Yesterday
Smart ... Thanks!
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2 hours ago
Good timing, thanks!
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