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28 Sep 2019
By raising and lowering short-term interest rates to keep inflation moving at a steady pace, many central bankers and academics thought they had finally found a monetary policy solution to conquer the booms and busts of the business cycle.
a. What is this monetary policy called?
b. When would interest rates be raised and when lowered?
By raising and lowering short-term interest rates to keep inflation moving at a steady pace, many central bankers and academics thought they had finally found a monetary policy solution to conquer the booms and busts of the business cycle.
a. What is this monetary policy called?
b. When would interest rates be raised and when lowered?
1
answer
0
watching
71
views
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Chika IlonahLv10
28 Sep 2019