NO.PZ2023071902000029
问题如下：
Question The final effects of the transmission of central bank policy rate actions through the economy:
选项：
A.Aggregate demand. B.inflation. C.long-term interest rates.解释：
Solution
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Incorrect because, although policy rate actions do transmit through the economy by affecting total demand, this influence on total demand is an intermediate effect that drives subsequent domestic inflationary pressure. In effect, policy rate actions ultimately impact inflation through the avenue of total demand.
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Correct. The monetary transmission mechanism is the process whereby a central bank’s interest rate gets transmitted through the economy and ultimately affects the rate of increase of prices (inflation).
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Incorrect because although policy rate actions do transmit through the economy through the channel of market rates (both short-term and long-term interest rates), this is just one of four channels and multiple interconnected channel relationships that impacts total demand. In effect, policy rate actions ultimately impact inflation through the channel of market interest rates (including long-term interest rates).
• describe tools used to implement monetary policy tools and the monetary transmission mechanism, and explain the relationships between monetary policy and economic growth, inflation, interest, and exchange rates
请问一下在哪儿
