CONTENT:
Microeconomics Name Course Instructor Date Macroeconomics a) Credit easing refers to measures that financial institutions employ to relax the monetary stance when the rates sanctioned by monetary policy go low (mhhe.com). When the policy target rate tends towards zero, central banks use various tools to counter the situation, one of these tools being the credit easing. b) Central banks employ a number of credit easing tools. These include shifting the composition of the balance sheet towards that bear a credit risk which borrow...
