What is meant by the term thigh-powered money

Reference no: EM132180504

Question: 1. What is meant by the term arbitrage and why is it important in explaining why the Bank's influence on interest rates is so pervasive?

2. What is meant by the term thigh-powered money?

The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132180504

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