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30) Which one of the following is probably the most direct and immediate way to stimulate or slow the economy, although it is not very

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30) Which one of the following is probably the most direct and immediate way to stimulate or slow the economy, although it is not very useful for fine-tuning economic performance? A) fiscal policy B) monetary policy C) rising minimum wages D) supply-side policy 31) If the currency of your country is depreciating, this should exports and imports. A) discourage; stimulate B) stimulate, stimulate C) stimulate; discourage D) discourage, discourage 32) The nominal interest rate is 6%. The inflation rate is 3%. The exact real interest rate must be A) 1.45% B) 2.91% C) 3.85% D) 2.12% 33) An investment strategy that entails shifting the portfolio into industry sectors that are expected to outperform others based on macroeconomic forecasts is termed A) sector rotation B) business-cycle shifting C) life-cycle analysis D) contraction/expansion analysis

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