b. What is the "zero lower bound"? The zero lower bound is whenA. in an...

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Economics

b. What is the "zero lower bound"? The zero lower bound is whenA. in an ample-reserves regime, no additional reserves are requiredby the Fed. B. in a scarce-reserves regime, there are no additionalreserves supplied by banks. C. the interest rates on the ON RRP andIORB are both equal to zero. D. the federal funds rate is equal tozero.

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