Question: In the _______ channel, a contractionary monetary policy _______ aggregate expenditure through the _____ availability of bank loans to bank-dependent borrowers. Select one: balance sheet;
In the _______ channel, a contractionary monetary policy _______ aggregate expenditure through the _____ availability of bank loans to bank-dependent borrowers.
Select one:
balance sheet; decreases; decreased
balance sheet; increases; decreased
bank lending; decreases; decreased
bank lending; increases; increased
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