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Loraine Loraine
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8 years ago
When the Fed worries about inflation, it ________ the federal funds rate and, in the short run, ________ the real interest rate.
A) lowers; lowers
B) lowers; raises
C) raises; lowers
D) raises; raises
E) does not change; the Fed raises
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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This calls for a celebration Person Raising Both Hands in Celebration
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Thank you, thank you, thank you!
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