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Holding other factors constant, a higher budget deficit leads to ______ interest rates, and higher inflationary expectations lead to _______ interest rates. a. higher; lower
Holding other factors constant, a higher budget deficit leads to ______ interest rates, and higher inflationary expectations lead to _______ interest rates.
a. | higher; lower |
b. | higher; higher |
c. | lower; higher |
d. | lower; lower |
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