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Question 4 (Worth 4 points) In response to an upturn in the economy, entrepreneurs seek to expand their businesses. What will happen to nominal interest
Question 4 (Worth 4 points) In response to an upturn in the economy, entrepreneurs seek to expand their businesses. What will happen to nominal interest rates and aggregate demand? What policy could the Fed use to reverse the trend? Nominal Interest Flates l AD / New Fed Policy Increase / Increase i Buy Bonds (\" Decrease." Increase r Sell Bonds
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