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Loraine Loraine
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9 years ago
The FOMC is concerned about inflation and has ________ the federal funds rate. Due to substitution effects, other ________ interest rates will ________ almost immediately.
A) increased; short-term; increase
B) decreased; long-term; decrease
C) increased; long-term; increase
D) increased; short-term; decrease
E) decreased; short-term; decrease
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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9 years ago
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Loraine Author
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9 years ago
Thank you, thank you, thank you!
vanna2014
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Yesterday
This calls for a celebration Person Raising Both Hands in Celebration
taydav
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2 hours ago
Good timing, thanks!
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