An article in the Wall Street Journal in 2016 begins: Hans Peter Christensen got some unusual news
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An article in the Wall Street Journal in 2016 begins: “Hans Peter Christensen got some unusual news when he opened his most recent mortgage statement. His quarterly interest payment was negative 249 Danish kroner.” Briefly explain how and why this happened.
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To stimulate the Danish economy the central bank of Denmark had lowere...View the full answer
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Related Book For 
Money, Banking, and the Financial System
ISBN: 978-0134524061
3rd edition
Authors: R. Glenn Hubbard, Anthony Patrick O'Brien
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