In 2009, Professor Mankiw Wrote an Article in the New

question 1

Multiple Choice

In 2009, Professor Mankiw wrote an article in the New York Times suggesting negative interest rates. The logic is that consumers would spend more money. The additional spending would:

• A) increase aggregate demand and act as a boost to the economy.
• B) decrease aggregate demand and act as a boost to the economy.
• C) increase aggregate demand and slow down the economy.
• D) decrease aggregate demand and slow down the economy.

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