One of the limiting factors for using monetary policy is:

Question

Quizplus · Accepted Answer

Monetary policy is often implemented by adjusting interest rates, but there is a lower nominal-interest-rate bound of zero. This means that interest rates cannot be lowered beyond zero, limiting the effectiveness of monetary policy during economic downturns. In cases where interest rates are already at or near zero, central banks may need to resort to other tools such as quantitative easing to stimulate the economy.

One of the Limiting Factors for Using Monetary Policy Is