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Monetary stimulus will fail if: A. Banks lend too much money. B. Short-term interest rates are affected but long-term interest rates are not. C. Consumers spend too much money, creating a shortag

Monetary stimulus will fail if: 

A. Banks lend too much money.

B. Short-term interest rates are affected but long-term interest rates are not. 

C. Consumers spend too much money, creating a shortage of money. 

D. Lower interest rates cause households to not refinance mortgages and not apply for not consumer loans.

Apr 19 2021 View more View Less

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