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Loraine Loraine
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8 years ago
When the FOMC raises the federal funds rate, almost immediately ________ and a few weeks later the ________.
A) short-term interest rates rise; quantity of money and supply of loanable funds decrease
B) long-term interest rates rise; quantity of money and supply of loanable funds decrease
C) short-term interest rates fall; quantity of money and supply of loanable funds decrease
D) long-term interest rates rise; quantity of money and supply of loanable funds increase
E) short-term interest rates fall; quantity of money and supply of loanable funds increase
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
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Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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SydnieSydnie
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8 years ago
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Loraine Author
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8 years ago
Thanks for your help!!
julymontalvo
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Yesterday
Brilliant ツ
noodlelicker
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2 hours ago
Thanks
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