Question

Reductions in the interest rate can become ineffective if Multiple choice question. the Federal Reserve is unable to pay the interest. banks cannot meet their reserve requirement. banks run out of excess reserves. government debt becomes unsustainable.

          Reductions in the interest rate can become ineffective if
Multiple choice question.
the Federal Reserve is unable to pay the interest.
banks cannot meet their reserve requirement.
banks run out of excess reserves.
government debt becomes unsustainable.
        
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Principles of Economics
Principles of Economics
Gregory Mankiw 8th Edition
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Reductions in the interest rate can become ineffective if Multiple choice question. the Federal Reserve is unable to pay the interest. banks cannot meet their reserve requirement. banks run out of excess reserves. government debt becomes unsustainable.
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Transcript

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00:01 So, the correct answer is the contradictory impact.
00:07 Correct answer is contractionary impact might be lessened by resulting, might be lessened by the resulting increase in the interest rate.
00:44 So, an increase in government spending financed by borrowing injects additional money into the economy leading to an initial expansionary impact.
00:54 So an increase in government spending financed by borrowing injects additional money into the economy, additional money into the economy.
01:26 So, leading to an initial expansionary impact, leading to an initial expansionary impact...
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