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valputin valputin
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8 years ago
With the followings is NOT one of the reasons why quantitative easing in and of itself will not necessarily be stimulative?
A) The asset purchase program involves only the purchase of long-term government securities.
B) Most of the resulting increase in the monetary base just flows into holdings of excess reserves.
C) Banks just add to their holdings of excess reserves instead of making loans.
D) The asset purchase program involves only the purchase of short-term government securities.
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
This is great!
Our course uses > The Economics of Money, Banking and Financial Markets
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#3
8 years ago
You're very welcome, valputin
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