Business, 20.03.2020 10:08 CM0

With the followings is NOT one of the reasons why quantitative easing in and of itself will not necessarily be stimulative? Question 52 options: A) The asset purchase program involves only the purchase of long-term government securities. B) The asset purchase program involves only the purchase of short-term government securities. C) Banks just add to their holdings of excess reserves instead of making loans. D) Most of the resulting increase in the monetary base just flows into holdings of excess reserves.

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