EBK THE ECONOMICS OF MONEY, BANKING AND
EBK THE ECONOMICS OF MONEY, BANKING AND
4th Edition
ISBN: 8220100668203
Author: Mishkin
Publisher: PEARSON
Question
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Chapter 25, Problem 17Q
To determine

To find:

The effectiveness of the bank lending channel during the global crisis, when the banks were provided with large liquidity, which increased their excess reserves and reduced the credits to the firms as well as the households.

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