A decrease in short-term nominal interest rates necessarily implies a stance of monetary easing. Is this statement

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"A decrease in short-term nominal interest rates necessarily implies a stance of monetary easing." Is this statement true, false, or uncertain? Explain your answer.

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The Economics of Money Banking and Financial Markets

ISBN: 978-0133836790

11th edition

Authors: Frederic S. Mishkin

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Question Posted: Nov 03, 2017 04:11 AM

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A decrease in short-term nominal interest rates necessarily implies a stance of monetary easing. Is this statement

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False A monetary easing is associated with falling ...View the full answer

The Economics of Money Banking and Financial Markets

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