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Macroeconomics 20th Edition by Campbell McConnell,Stanley Brue,Sean Flynn
Edition 20ISBN: 978-0077660895Macroeconomics 20th Edition by Campbell McConnell,Stanley Brue,Sean Flynn
Edition 20ISBN: 978-0077660895 Exercise 2
If the Fed increases interest rates, the SML will shift______ and asset prices will_____.
A) Down; rise.
B) Down; fall.
C) Up; rise.
D) Up; fall.
A) Down; rise.
B) Down; fall.
C) Up; rise.
D) Up; fall.
Explanation
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Options a. and b. aren't correct because...
Macroeconomics 20th Edition by Campbell McConnell,Stanley Brue,Sean Flynn
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