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Suppose in twenty years, that the Chinese government has demonstrated commitment to stable fiscal policy and stable inflation, increasing the supply of safe assets. What
- Suppose in twenty years, that the Chinese government has demonstrated commitment to stable fiscal policy and stable inflation, increasing the supply of safe assets. What would we expect to happen to global interest rates? Explain your reasoning.
2. In what ways is gold a safe asset? In what ways is it not? Explain.
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Fundamentals of Managerial Economics
Authors: Mark Hirschey
9th edition
324584830, 978-0324588781, 032458878X, 978-0324584837
