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NYC NYC
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8 years ago
Sylvia, a writer for a newspaper, interviewed top managers at 50 large corporations. All of the managers indicated that the primary determinant of planned investment is the interest rate and not the expected sales. From this information, Sylvia concluded that:
A) fiscal policy would be very effective, but monetary policy would not be very effective.
B) both expansionary and contractionary monetary policy would be very effective.
C) fiscal policy would not be very effective, but monetary policy would be very effective.
D) neither expansionary nor contractionary monetary policy would be very effective.
Textbook 
Principles of Macroeconomics

Principles of Macroeconomics


Edition: 11th
Authors:
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JesslynJesslyn
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8 years ago
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NYC Author
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8 years ago
I was thinking the same, thank you
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