Question
Briefly explain what are the interest rates and how does the central bank's interest rate impact the economy? Whic role do demand and supply
Briefly explain what are the interest rates and how does the central bank's interest rate impact the economy? Whic role do demand and supply play oninterest rates? Do you think that rising interest rates effect inflation? If so, explain how? If increasing interest rates to tackle inflation causes economic pain, why would we increase it?
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Get StartedRecommended Textbook for
Macroeconomics
Authors: Robert J Gordon
12th edition
138014914, 978-0138014919
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