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Lessons that economists and policy makers have learned from the recent global financial crisis inclu

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Lessons that economists and policy makers have learned from the recent global financial crisis inclu

Lessons that economists and policy makers have learned from the recent global financial crisis include
A) The cost of cleaning up after a financial crisis is very high.
B) Developments in the financial sector have a far greater impact on economic activity than was earlier realized.
C) The zero lower bound on interest rates can be a serious problem.
D) Price and output stability do not ensure financial stability.
E) All of the above.

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The Economics of Money, Banking and Financial Markets, Business School Edition

Edition: 4^th

Author: Mishkin

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Our course uses > The Economics of Money, Banking and Financial Markets

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valputin Author

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8 years ago

This is great!

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Our course uses > The Economics of Money, Banking and Financial Markets

Meela

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8 years ago

@valputin,

Happy to help Slight Smile

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