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Home Q & A Board Other Fields Homework Help Business Economics
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valputin valputin
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8 years ago
The guiding principle for the conduct of monetary policy that held that as long as loans were being made for "productive" purposes, then providing reserves to the banking system to make these loans would not be inflationary became known as the
A) real bills doctrine.
B) Benjamin Strong doctrine.
C) free reserves doctrine.
D) efficient liquidity doctrine.
Textbook 
The Economics of Money, Banking and Financial Markets, Business School Edition

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


Edition: 4th
Author:
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Our course uses > The Economics of Money, Banking and Financial Markets
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MeelaMeela
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8 years ago
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valputin Author
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8 years ago
Correct
Our course uses > The Economics of Money, Banking and Financial Markets
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#3
8 years ago
Great! Happy to be right Face with Stuck-out Tongue
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