Why is lowering the interest rate on reserves considered an expansionary monetary policy?

asked Dec 2, 2021 230k views

4 votes

by Hisam

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1 vote

Answer:

It GIVES BANKS more money to lend to customers

Step-by-step explanation:

GUARANTEED right answer!

Alfishe answered Dec 4, 2021

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5 votes

Answer:

It gives banks more money to lend to customers!

Step-by-step explanation:

James Milani answered Dec 9, 2021

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