If the Fed is facing ________, the bank lending channel provides one explanation for why monetary policy may still be effective even when short-term nominal interest rates equal 0%
A) an upward-shifting Phillips curve
B) stagflation
C) the zero bound constraint
D) an economy where real GDP has surpassed potential GDP
C
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Inflation that causes an increase in the prices of goods and services will, other things being equal, tend to decrease nominal GDP
a. True b. False Indicate whether the statement is true or false
Which of the following statements is not correct?
A. A price ceiling set at $9 would result in a surplus. B.A price floor set at $14 would be binding, but a price floor set at $8 would not be binding. C.A price ceiling set at $8 would be binding, but a price ceiling set at $12 would not be binding. D. A price floor set at $11 would result in a surplus.
marketing services that add "time value" include:
a) transportation b) processing c) marketing d) storage e) all of the above
The demand curve for a Giffin good
A. is a straight line. B. slopes upward. C. is convex. D. slopes downward.