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    Exam 15: Inflation: Phillips Curves and Neo-Fisherism
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    The Following Is a Suggested Cause of the Long-Term Decline
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The Following Is a Suggested Cause of the Long-Term Decline

Question 23

Question 23

Multiple Choice

The following is a suggested cause of the long-term decline in real interest rates


A) an increase in financial market frictions.
B) the global investment glut.
C) secular growth.
D) low savings in China.
E) sticky prices.

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