According to Bernanke's policy guide,a half percentage point increase in long-term interest rates will

Name: According to Bernanke's policy guide,a half percentage point increase in long-term interest rates will
Brand: Quizplus
Rating: 4.8 (52 reviews)

Question

Quizplus · Accepted Answer

According to Bernanke's policy guide, a half percentage point increase in long-term interest rates will decrease AD by $100 billion, as a higher interest rate will discourage spending and borrowing, leading to a decrease in aggregate demand.

According to Bernanke's Policy Guide,a Half Percentage Point Increase in Long-Term