sumaiyasabah56 sumaiyasabah56

24-08-2021
Social Studies

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Explain how might a zero interest rate complicate the task of monetary policy

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auroraoak152 auroraoak152

24-08-2021

Answer:

It cannot respond to an adverse shock to the economy by lowering interest rates. One option is to increase inflation by purchasing bonds to stimulate the economy.

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