Which of the following is a limitation on the ability of central banks to stimulate growth in periods of deflation? A. Ricardian equivalence B. The interaction of monetary and fiscal policy C. The...


Which of the following is a limitation on the ability of central banks to stimulate growth in periods of deflation?


A. Ricardian equivalence B. The interaction of monetary and fiscal policy C. The fact that interest rates have a minimum value (zero percent)



Jan 04, 2022
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