The zero lower bound refers to the situation that
A) the lowest the central bank can decrease the nominal policy rate is 0%.
B) real interest rate is 0%.
C) inflation rate is 0%.
D) risk premium is 0%.
A
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When a quota on a product is eliminated, the ones who benefit the most are the
A. domestic consumers of the product. B. foreign consumers of the product. C. domestic workers in industries producing the product. D. domestic producers of the product.
Refer to the graph shown. If this perfectly competitive firm is producing 120 units of output, the market price is equal to:
A. 2.50. B. $0.40. C. $48. D. impossible to determine with the information given.
If incomes in the United states increase, other things equal, then u.s.
What will be an ideal response?
Which of the following is a characteristic of a bond?
A) A bond represents a promise to repay a fixed amount of funds. B) The face value or principal plus interest is repaid at a specified period of time. C) The length of coupon payments is fixed by the stated maturity period. D) All of these are characteristics of bonds.