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Answer to Question #247013 in Macroeconomics for Juan
Question #247013
The monetary transmission mechanism…
- A. explains how the central bank transmits messages to the other banks.
- B. explains how banks create money.
- C. describes the ways in which changes in the monetary sector are transmitted to the rest of the economy.
- D. describes how the Monetary Policy Committee announces its decisions.
Expert's answer
- C. describes the ways in which changes in the monetary sector are transmitted to the rest of the economy.
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