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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