Which of the Following Statements Is Correct

question 14

Multiple Choice

Which of the following statements is correct?

• A)The bank lending channel does not reject the idea that monetary policy can affect output by changing interest rates.
• B)The bank lending channel argues that monetary policy affects output only through its effect on banks' portfolio decisions regarding loans and securities.
• C)The bank lending channel argues that monetary policy affects output only through its effect on the public's portfolio decisions regarding money and nonmoney assets.
• D)The bank lending channel has been unable to explain the movements in bank lending observed in the 1980s and 1990s.

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Definitions:

Fossil Evidence

Refers to physical remnants or imprints of organisms from past geological ages, preserved in rocks and sediments, which provide insights into historical biological life and evolutionary processes.

Bipedalism

A special form of locomotion on two feet found in humans and their ancestors.

Locomotion

The capacity or act of moving from one place to another, utilizing various bodily movements across different species.

Hominoid Fossil

A fossil belonging to the Hominidae family, which includes modern humans, their direct ancestors, and other close relatives.