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ice5192 ice5192
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7 years ago
At the zero lower bound
A) monetary policy has the usual effects.
B) conventional monetary policy is all that works.
C) government spending has no effects.
D) open market purchases of government bonds by the central bank have no effects.
E) consumption goes to zero.
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Macroeconomics, Canadian Edition

Macroeconomics, Canadian Edition


Edition: 5th
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karmarkarmar
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ice5192 Author
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7 years ago
Thanks!
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