3. If a central bank wants to achieve lower nominal interest rates, it has to raise the...

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3. “If a central bank wants to achieve lower nominal interest rates, it has to raise the nominal interest rate.” Explain in what way this statement makes sense.

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Macroeconomics

ISBN: 9781429218870

7th Edition

Authors: N. Gregory Mankiw

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Question Posted: Sep 27, 2024 09:00 AM

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3. If a central bank wants to achieve lower nominal interest rates, it has to raise the...

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Macroeconomics

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