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    Money Banking and Financial Markets
  4. Exam
    Exam 23: Monetary Policy Theory
  5. Question
    When the Policy Rate Hits Its Lower Bound and Inflation
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When the Policy Rate Hits Its Lower Bound and Inflation

Question 27

Question 27

Multiple Choice

When the policy rate hits its lower bound and inflation keeps falling,this portion of the Monetary Policy curve is


A) downward sloping.
B) upward sloping.
C) flat.
D) undetermined.

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