Mathematics, 08.07.2021 15:40 fun1togo
Why is lowering the interest rate on reserves considered an expansionary monetary policy? A. It encourages banks to lend money instead of keeping it in reserve.
B. It pressures investors to spend more money on treasury securities.
C. It prevents investors from withdrawing too much money from banks.
D. It causes banks to increase their prime interest rate in response.β
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Why is lowering the interest rate on reserves considered an expansionary monetary policy? A. It enco...
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