Each of the Following Is a Transmission Channel of Monetary

question 15

Multiple Choice

Each of the following is a transmission channel of monetary policy, except:

• A) the balance-sheet channel.
• B) the tax-impact channel.
• C) the asset-price channel.
• D) the exchange-rate channel.

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Definitions:

Unemployed

Unemployed refers to individuals who are capable of working and actively seeking employment but are unable to find a job, a key measure in determining the health of an economy.

Discouraged Workers

Individuals not actively seeking employment due to believing there are no jobs available for them or there are no jobs for which they would qualify.

Labor-Force Participation Rates

The share of the labor force within the working-age bracket that is either working or actively searching for work.

Labor-Force Participation Rate

The proportion of the working-age population that is either employed or actively looking for employment.