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Academy - Economics and Personal Finance
Unit Test
Question 17
17
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Multiple Choice
Unit Test
Question 17 • Academy - Economics and Personal Finance
If the domino effect occurs as a result of changes in the money supply, what will most likely happen as an immediate result of interest rates being increased?
Answer
A
Borrowing will decrease.
B
Investing will decrease.
C
Inflation will increase.
D
Liquidity will increase.
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