Some examples of unconventional monetary policies include massive lending to banks, or even to firms that are nor banks, and open-market purchases of securities other than Treasury bills.

Question

Quizplus · Accepted Answer

This statement is true. Unconventional monetary policies go beyond the traditional methods of central bank actions, such as adjusting interest rates or purchasing government securities. Examples of unconventional policies include lending to non-banks and purchasing a wider range of securities in the open market.

Some Examples of Unconventional Monetary Policies Include Massive Lending to Banks