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Which effects cause nominal interest rates to rise some time after the intial expansion of credit (and leads to the liquidation of malinvestments)? a. Liquidity
Which effects cause nominal interest rates to rise some time after the intial expansion of credit (and leads to the liquidation of malinvestments)? a. Liquidity b. Nominal income, liquidity c. Nominal income, inflation expectations d. Liquidity, inflation expectations
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