Question
In the long-run, higher money growth causes: a.lower real interest rates and higher nominal interest rates b.higher real interest rates and higher nominal interest rates
In the long-run, higher money growth causes:
a.lower real interest rates and higher nominal interest rates
b.higher real interest rates and higher nominal interest rates
c.higher nominal interest rates and no change in real interest rates
d.lower real interest rates and lower nominal interest rates
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Financial And Managerial Accounting
Authors: John J. Wild
9th Edition
9781260728774
