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In May 2012, China's Central Bank, the People's Bank of China

Question 330

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In May 2012, China's central bank, the People's Bank of China, lowered its reserve requirements. The goals of the People's Bank are similar to the Federal Reserve's goals.
I. Which goals would require China's central bank to lower its reserve requirements?
II. One of China's goals conflicted with the goals that resulted in the reserve requirement being lowered. Which goal was temporarily set aside?

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I. Lowering the reserve requirement decr...

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