Suppose there is a simultaneous central bank sale of bonds and increase in consumer confidence. We know with certainty that these two simultaneous events will cause
Select one:
a. an increase in output
b. a reduction in interest rate
c. a reduction in output.
d. an increase in the interest rate.
= an increase in the interest rate.
Answers: 1
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Suppose there is a simultaneous central bank sale of bonds and increase in consumer confidence. We k...
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