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Basic Question 15 of 15
True or False?
A determined central bank can always reflate the economy.
User Contributed Comments 1
| User | Comment |
|---|---|
| Antoinepo | Example : Liquidity trap |
I am happy to say that I passed! Your study notes certainly helped prepare me for what was the most difficult exam I had ever taken.
Andrea Schildbach
Learning Outcome Statements
describe qualities of effective central banks; contrast their use of inflation, interest rate, and exchange rate targeting in expansionary or contractionary monetary policy; and describe the limitations of monetary policy
CFA® 2025 Level I Curriculum, Volume 1, Module 4.