A prolonged period of an official interest rate of zero without an increase in economic growth most likely suggests that: A. quantitative easing must be limited to be successful. B. there may be...


A prolonged period of an official interest rate of zero without an increase in economic growth most likely suggests that:


A. quantitative easing must be limited to be successful. B. there may be limits to the effectiveness of monetary policy. C. targeting reserve levels is more important than targeting interest rates.



Dec 19, 2021
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