Quantitative easing refers to a situation in which conventional monetary policy is ineffective in fighting an economic slump because nominal interest rates are up against the zero bound

A doubling of the current minimum legal wage is likely to confer the most benefit and impose the least harm on members of which group listed below?

A) Employers who own small businesses B) Highly skilled workers C) Shareholders of large corporations D) Teenagers E) Unskilled workers

"Fixed exchange rates are not even an option for most countries." Discuss

What will be an ideal response?