3. An increase in the central banks inflation target the nominal interest rate in the short run...

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3. An increase in the central bank’s inflation target the nominal interest rate in the short run but the nominal interest rate in the long run.

a. increases, decreases

b. increases, leaves unchanged

c. decreases, increases

d. decreases, leaves unchanged

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Macroeconomics

ISBN: 9781319263904

11th Edition

Authors: N. Gregory Mankiw

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Question Posted: Sep 30, 2024 08:00 AM

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3. An increase in the central banks inflation target the nominal interest rate in the short run...

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Macroeconomics

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