If interest rates are high in the country, this will result into ___________. a. a decrease on the price level b. a drop in inflation level c. an increase on the price level d. an increase in aggregate demand

If interest rates are high in the country, this will result into ___________. a. a decrease on the price level b. a drop in inflation level c. an increase on the price level d. an increase in aggregate demand

Brief Principles of Macroeconomics (MindTap Course List)

8th Edition

ISBN:9781337091985

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter17: The Short-run Trade-off Between Inflation And Unemployment

Section: Chapter Questions

Problem 5CQQ

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