Question: Why did various Central Banks use Quantitative Easing rather than reducing interest rates to stimulate demand in the years following the Global Financial Crisis?a .
Why did various Central Banks use Quantitative Easing rather than reducing interest rates to stimulate demand in the years following the Global Financial Crisis?a Because they were concerned that interest rates can't fall much further.b To help finance government deficits.c To keep long term interest rates low.
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