Multiple Choice
A general unwillingness of banks to lend
A) results in monetary policy being ineffectual in the bank lending channel.
B) results in monetary policy being ineffectual in the balance sheet channel.
C) results in monetary policy being ineffectual in the money channel.
D) does not result in monetary being ineffectual in the bank lending, balance sheet, or money channels.
Correct Answer:
Verified
Correct Answer:
Verified
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