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Al Posted 23 years ago
Grammar
Financial English
What does "or otherwise" mean in the passage?
Thanks!
Al
Passage:
Our analysis does not explain precisely how monetary policy affects risk, but we can make reasonable conjectures. For example, tighter monetary policy may raise the riskiness of shares themselves by raising and weakening the balance sheets of publicly owned firms (Bernanke and Gertler, 1995). In the macro economy more generally, by reducing spending and economic activity, tighter money raises the risks of unemployment or bankruptcy faced by individual households or firms. In each case, tighter monetary policy increases risk by reducing financial buffers or otherwise increasing the vulnerability of individuals or firms to future shocks to the economy.
Thanks!
Al
Passage:
Our analysis does not explain precisely how monetary policy affects risk, but we can make reasonable conjectures. For example, tighter monetary policy may raise the riskiness of shares themselves by raising and weakening the balance sheets of publicly owned firms (Bernanke and Gertler, 1995). In the macro economy more generally, by reducing spending and economic activity, tighter money raises the risks of unemployment or bankruptcy faced by individual households or firms. In each case, tighter monetary policy increases risk by reducing financial buffers or otherwise increasing the vulnerability of individuals or firms to future shocks to the economy.
Top answer
In this case it means "or else" or "if not, then". An it is not a financial term precisely. Hope this helps!
- In this case it means "or else" or "if not, then".
- An it is not a financial term precisely.
- Hope this helps!
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1 Answers
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In this case it means "or else" or "if not, then". An it is not a financial term precisely.
Hope this helps!
Hope this helps!
0
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