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alphalions alphalions
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A year ago
If there are no changes in inflation expectations, a fall in the federal funds rate ________.

▸ decreases both the long-term nominal interest rate and the long-term expected interest rate

▸ decreases the long-term nominal interest rate and increases the long-term expected interest rate

▸ increases the long-term nominal interest rate and decreases the long-term expected interest rate

▸ increases both the long-term nominal interest rate and the long-term expected interest rate
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
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nilabmirzadanilabmirzada
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A year ago
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