Evidence on the Existence of a Credit Channel for Monetary

question 3

Multiple Choice

Evidence on the existence of a credit channel for monetary policy transmission shows that on the supply side of the credit market,the credit channel was ________ in the 1960s and 1970s,and has ________ more recently.

• A)powerful; weakened
• B)powerful; become stronger
• C)weak; become stronger
• D)weak; disappeared completely

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Definitions:

Project Blowed

A long-running open-mic workshop known for its significant influence on the Los Angeles underground hip hop scene.

Hip Hop

A cultural movement that originated in the 1970s, characterized by four key elements: rapping, DJing, graffiti, and breakdancing.

Political Engagement

Involvement in political activities to influence government policy or representation.

Tassou Performances

A form of traditional African oral performance that combines speaking, singing, and rhythm, often in a ceremonial or storytelling context.