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Basic Question 15 of 15
True or False?
A determined central bank can always reflate the economy.
User Contributed Comments 1
| User | Comment |
|---|---|
| Antoinepo | Example : Liquidity trap |
You have a wonderful website and definitely should take some credit for your members' outstanding grades.
Colin Sampaleanu
Learning Outcome Statements
describe qualities of effective central banks; contrast their use of inflation, interest rate, and exchange rate targeting in expansionary or contractionary monetary policy; and describe the limitations of monetary policy
CFA® 2024 Level I Curriculum, Volume 1, Module 4.