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Macroeconomics 10th Edition by William McEachern
Edition 10ISBN: 978-1133188131Macroeconomics 10th Edition by William McEachern
Edition 10ISBN: 978-1133188131 Exercise 8
EXPANSIONARY MONETARY POLICY AND INFLATION Between 2007 and 2012, assets on the Fed's balance sheet increased from $0.9 trillion to $2.9 trillion. Why didn't the resulting increase in bank reserves create higher inflation as of 2012?
Explanation
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Increase bank reserves and inflation
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Macroeconomics 10th Edition by William McEachern
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