Lower interest rates redistribute income from
A) Lenders to borrowers.
B) Spenders to savers.
C) Borrowers to lenders.
Correct Answer:
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Q65: Given a vertical aggregate supply curve,which of
Q66: According to monetarists,the aggregate supply curve is
A)Upward-sloping
Q67: Assuming the aggregate supply curve is vertical,which
Q68: If the real rate of interest is
Q69: If the anticipated inflation rate is 5
Q71: According to Keynesians,fiscal policy affects
A)Real interest rates
Q72: Which of the following is a monetarist
Q73: When monetary policy reduces interest rates,
A)The income
Q74: Assuming the aggregate supply curve is upward-sloping,which
Q75: Which of the following is consistent with
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