Central banks in the world are increasingly experimenting with unconventional monetary policies. Describe
two types of unconventional monetary policies, and discuss why these policies may or may not work.
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Q56: The marginal cost of financial transactions rises
Q57: Barter, the exchange of goods for goods,
Q58: Quantitative easing may work because
A)interest rate increases
Q59: If the nominal interest rate rises
A)consumers and
Q60: Neutrality of money refers to
A)a one-time change
Q61: If R < q, then
A)the marginal benefit
Q62: The monetary intertemporal model assumes that
A)after leaving
Q64: Money supply targeting
A)is superior to nominal interest
Q65: Lower inflation over the long run tends
Q66: Unpredictable shocks to the financial system
A)increase the
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