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6. Interest rate forecasting Suppose you learn that in 2021 there are plans for the federal government to institute a $20 per hour minimum wage

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6. Interest rate forecasting Suppose you learn that in 2021 there are plans for the federal government to institute a $20 per hour minimum wage across the country, and as a result, the average household income in the country will rise. placing Assuming there are no other changes to SA or DA, the projected net demand for loanable funds (ND) will be pressure on interest rates

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