A) United Kingdom
B) United States of America
C) Japan
D) Germany
Correct Answer: C
Solution :
[c] Quantitative easing (QE) is a monetary policy used by central banks to stimulate the economy when standard monetary policy has become ineffective. A policy termed 'quantitative easing' was first used by the Bank of Japan (BOJ) to fight domestic deflation in the early 2000s. The BOJ had maintained short-term interest rates at close to zero since 1999.
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