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This makes the recession even more severe.
In normal times, the monetary authority (usually a central bank or finance ministry) can stimulate the economy by lowering interest rate targets or increasing the monetary base. Either action should increase borrowing and lending, consumption, and fixed investment. When the relevant interest rate is already at or near zero, the monetary authority cannot lower it to stimulate the economy. The monetary authority can increase the overall quantity of money available to the economy, but traditional monetary policy tools do not inject new money directly into the economy...
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Common topics in this essay:
- Give Me Liberty Or Give Me Death
- Liquidity Trap
- Money Creation and Monetary Policy
- What is innovation? Why do firms innovate? Give examples of companies and their most recent innovations.
- Give Life,Give blood!
- Give Me Liberty, or Give Me Death!
- Never Give Up, Never Surrender
- Give Thanks Always
- Never Give Up
- GIVE AN EXPENSIVE GIFT HERE AND THERE, GET WASTED AND PARTY ON THE MOST UNHOLY DAY OF THE YEAR
- the best gift you can give yourself
- American Culture: Money! Money! Money!
- Give It A Thought
- Give a Boy a Gun
- Some people think that governments should spend large amounts of money to explore outer space. Others think that this money should be used to improve life on earth
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