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To ________ the long-term real interest rate, the Fed needs to ________.
booboo123
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To ________ the long-term real interest rate, the Fed needs to ________.
To ________ the long-term real interest rate, the Fed needs to ________.
▸ raise; raise the long-term expected inflation rate
▸ raise; lower the long-term nominal interest rate
▸ lower; lower the long-term nominal interest rate
▸ lower; lower the long-term expected inflation rate
Textbook
Macroeconomics
Edition:
3
rd
Authors:
Acemoglu, Laibson, List
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lower; lower the long-term nominal interest rate
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booboo123
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2 months ago
Thank you, thank you, thank you!
nsak
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Helped a lot
rileyjones420
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Thanks
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