Monetary policy can have substantial effects on the economy even when nominal interest rates are very low
A) since real rates are what affect borrowing and spending decisions.
B) by improving borrower and bank balance sheets.
C) by reducing transactions costs.
D) only when the policy is substantial.

Question

Quizplus · Accepted Answer

The Answer of Monetary policy can have substantial effects on the economy even when nominal interest rates are very low
A) since real rates are what affect borrowing and spending decisions.
B) by improving borrower and bank balance sheets.
C) by reducing transactions costs.
D) only when the policy is substantial.

Monetary Policy Can Have Substantial Effects on the Economy Even