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
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According to Bernanke's policy guide, a half percentage point increase in long-term interest rates will decrease AD by $100 billion. This is because higher interest rates make borrowing more expensive, which reduces consumption and investment spending, causing a decrease in aggregate demand.

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