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    Economics Principles and Policy Study Set 2
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    Exam 9: The Financial Markets and the Economy: the Tail That Wags the Dog
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    When Interest Rates in the Economy Fall, the Prices of Previously
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When Interest Rates in the Economy Fall, the Prices of Previously

Question 156

Question 156

Multiple Choice

When interest rates in the economy fall, the prices of previously issued bonds


A) must fall.
B) must change but may either rise or fall.
C) must rise.
D) may remain unchanged.

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