Interest rate cuts constitute the textbook monetary policy response to negative aggregate demand shocks: Money Credit and Banking Report, TCD, Ireland
| University | Trinity College Dublin (TCD) |
| Subject | Money Credit and Banking |
“Interest rate cuts constitute the textbook monetary policy response to negative aggregate demand shocks” Describe and critique the use of interest rate cuts during times of economic recovery. Support your answer with the material covered in class, readings provided, and your own independent research.
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