The channels through which monetary policy affects economic activity are called the
举一反三
- Monetary policy affects interest rates but has little effect on inflation or business cycles.
- According to the assignment rule, which of the following policy mixes<br/>is appropriate for a country with high inflation, a balance of<br/>payments deficit, and fixed exchange rates? ____. A: Expansionary fiscal policy and expansionary monetary policy B: Expansionary fiscal policy and contractionary monetary policy C: Contractionary fiscal policy and expansionary monetary policy D: Contractionary fiscal policy and contractionary monetary policy
- Compared to using a fixed-rule monetary policy, using a feedback rule monetary policy:（） A: will stabilize aggregate demand. B: will reduce inflationary cycles. C: may make economic cycles more severe.
- Which of the following are general monetary policy instruments of the central bank
- Due to the time lag of monetary policy, to make monetary policy effective, monetary policy needs to be forward-looking.