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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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