1 Imagine that the central bank raises short-term interest rates. Discuss and explain the effect on: (a)...
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1 Imagine that the central bank raises short-term interest rates. Discuss and explain the effect on:
(a) the rate of return required by investors in bonds;
(b) the price of ordinary company shares.
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Related Book For
The Economics Of Money Banking And Finance
ISBN: 9780273710394
4th Edition
Authors: Peter Howells, Keith Bain
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