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Which of the following best describes the effect of large budget deficits on interest rates? They lead to interest rate unpredictability. They have no impact
Which of the following best describes the effect of large budget deficits on interest rates?
They lead to interest rate unpredictability.
They have no impact on interest rates.
They cause downward pressure on interest rates.
They cause upward pressure on interest rates.
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Financial Markets and Institutions
Authors: Anthony Saunders, Marcia Cornett
6th edition
9780077641849, 77861663, 77641841, 978-0077861667
