¤Virtual University Of Pakistan Network¤
Suppose there is hyperinflation prevailing in a country. To solve this problem, the central bank of the country is planning either to change the bank’s minimum reserve requirement or resolve this issue through Open Market Operation (OMO). Which one of these two alternatives is best to solve the problem in the long run? Give logical reasons to support your answer.
|Opening date and Time||January 17, 2012 At 12:01A.M. (Morning)|
|Closing date and Time||January 19, 2012 At 11:59 P.M. (Mid-Night)|