One impact of the 2007-2009 financial crisis was to heighten the challenges faced by monetary policymakers. All but which of the following was grew more prominent as a result of the crisis?
A. Policymakers options are limited since the nominal interest rate cannot fall below the effective lower bound.
B. Stock and property values have a tendency to go through boom and bust cycles.
C. The structures of the economy and financial system are constantly evolving.
D. The nation's current account deficit keeps widening.
Answer: D
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Answer the following statement true (T) or false (F)
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Answer the following statement true (T) or false (F)