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johnboycs johnboycs
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If the Fed can communicate that it will maintain a(n) ________ for a long period of time, the long-term nominal interest rate will remain ________.

▸ expansionary monetary policy; low

▸ expansionary fiscal policy; low

▸ contractionary monetary policy; low

▸ contractionary fiscal policy; high
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Macroeconomics

Macroeconomics


Edition: 3rd
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lizwalkerlizwalker
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expansionary monetary policy; low
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