GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
---|---|---|---|---|---|---|
|
13:23 Jan 3, 2007 |
English language (monolingual) [PRO] Bus/Financial - Finance (general) / interest rates | |||||||
---|---|---|---|---|---|---|---|
|
| ||||||
| Selected response from: Ralf Lemster Germany Local time: 22:27 | ||||||
Grading comment
|
SUMMARY OF ALL EXPLANATIONS PROVIDED | ||||
---|---|---|---|---|
4 +5 | monetary policy designed to stimulate growth |
| ||
5 -1 | A financial favour such as a loan |
|
Discussion entries: 1 | |
---|---|
A financial favour such as a loan Explanation: http://www.thefreedictionary.com/accommodation -------------------------------------------------- Note added at 14 mins (2007-01-03 13:37:40 GMT) -------------------------------------------------- I don't know the why's and wherefore's! |
| ||
Notes to answerer
| |||
Login to enter a peer comment (or grade) |
accommodative monetary policy designed to stimulate growth Explanation: accomodative monetary policy: "A central bank policy designed to stimulate economic growth by lowering short term interest rates, making money less expensive to borrow. also called loose credit or easy monetary policy. opposite of tight monetary policy. " Reference: http://www.investorwords.com/41/accommodative_monetary_polic... |
| |
Grading comment
| ||