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Author Question: Attempts by a central bank to increase bank deposits without a decrease in nominal short-term ... (Read 40 times)

codyclark

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on: Jun 30, 2018
Attempts by a central bank to increase bank deposits without a decrease in nominal short-term interest rates are referred to as ________.
 
  A) quantitative easing
  B) credit channeling
  C) open market operations
  D) liquidity provision

Question 2

What two principles of mercantilism did the classicists attack?
 
  What will be an ideal response?


softEldritch

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Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

The belief that the wealth and power of a nation were determined by its stock of precious metals and the belief in the need for state action to direct the development of the capitalist system.


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