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berry berry
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If people expect the Fed to adopt a(n) ________ for several years, the long-term expected real interest rate will remain ________.

▸ expansionary fiscal policy; low

▸ expansionary monetary policy; low

▸ contractionary monetary policy; low

▸ contractionary fiscal policy; high
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Macroeconomics

Macroeconomics


Edition: 3rd
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enzeeenzee
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A year ago
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