Solved

Central Banks Around the World Have Pursued Historically Low Interest

Question 9

Multiple Choice

Central banks around the world have pursued historically low interest rates in an effort to


A) redistribute wealth from lenders to borrowers.
B) reduce government interest payment on past borrowing thus allowing more to be spent on social programs.
C) provide governments with a justification for running large budget deficits.
D) to encourage consumers to spend more and thus shift aggregate demand to the right.
E) to reduce the incomes of capitalists.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents