Monetary policies can work only if private enterprises respond to them in certain way, if they respond in other ways, the policies fall. Explain and give examples

Economics Today and Tomorrow, Student Edition
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ISBN:9780078747663
Author:McGraw-Hill
Publisher:McGraw-Hill
Chapter15: The Federal Reserve System And Monetary Policy
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Monetary policies can work only if private enterprises respond to them in certain way, if they respond in other ways, the policies fall. Explain and give examples

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