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Monetary policy, Managerial Economics
The problems concerning the ability of monetary policy to influence the economy, as for instance the doubts about the ability of lower interest rates to stimulate investment, and employment.
Mechanistic problems which may prevent the instruments from being effective, as for example the existence of excess liquidity in the system preventing open market operations from being effective.
Posted Date: 11/30/2012 4:38:45 AM | Location : United States
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