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In order for interest rates to remain stable during economic contractions, what action should monetary authorities take?
Borrowers
Individuals or entities that receive funds from a lender under the agreement to repay the principal amount along with interest or other charges.
Poor Credit Ratings
A low assessment of a borrower's creditworthiness, typically reflecting a higher risk of default on loan repayments.
Risky Investments
Investments that carry a high degree of risk, potentially leading to loss of principal, but also offering the chance of higher returns.
Store Rents
The cost charged for leasing retail space in buildings or shopping centers, which can vary widely depending on location, size, and market demand.
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