Explain the notion of "directed credit" and its relative importance in China compared to the United States as a tool of monetary policy.
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Q1: Go to FRED (the Federal Reserve Economic
Q2: Explain China's relatively large holdings of M1
Q3: Using the Walras relationship, explain the
Q4: Suppose new ways of holding wealth start
Q5: Go to FRED (the Federal Reserve
Q6: If China's capital markets were fully open
Q8: Explain why in periods of normal economic
Q9: In the first half of September 2014
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