Michael Woodford says the following is an advantage of interest-rate instruments for central banks

A) Conduct monetary policy without inflation.
B) Conduct monetary policy even if checking deposits pay interest at competitive rates.
C) Conduct monetary policy without government approval.
D) Conduct monetary policy with consumers in mind.
E) Conduct monetary policy with workers in mind.

B

Economics

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An increase in bond prices accompanies a decrease in interest rates.

a. true b. false

Economics

In the Case in Point on campus parking, the implication was that existing prices for parking spaces on university campuses are generally:

A) too high. B) too low. C) about right. D) unconscionable.

Economics