If the economy is experiencing an economic boom, interest rates will likely:
A) Rise
B) Fall
C) Remain stable unless inflation (the Fisher effect) intervenes
D) Remain unchanged unless the business cycle turns downward with slower GNP growth
E) None of the above

Question

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The Answer of If the economy is experiencing an economic boom, interest rates will likely:
A) Rise
B) Fall
C) Remain stable unless inflation (the Fisher effect) intervenes
D) Remain unchanged unless the business cycle turns downward with slower GNP growth
E) None of the above

If the Economy Is Experiencing an Economic Boom, Interest Rates