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To deal with the continuous disappointing news in the job market, Fed provided the economy with extra liquidity.The long-run effect of the policies is ____
To deal with the continuous disappointing news in the job market, Fed provided the economy with extra liquidity.The long-run effect of the policies is ____
a.lower real interest rates and higher nominal interest rates
b.lower real interest rates and lower nominal interest rates
c.higher nominal and higher real interest rates.
d.higher nominal interest rate and no change in real interest rate
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