Monetary Policy Authorities Can Affect Real Interest Rates

question 101

Multiple Choice

Monetary policy authorities can affect real interest rates

• A)in the short run,but not in the long run.
• B)in the long run,but not in the short run.
• C)permanently.
• D)both in the long run and the short run.

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Definitions:

John Watson

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An adaptive behavioral response to repeated exposure to a stimulus, characterized by a decrease in response intensity over time.

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Area of psychology in which the psychologists diagnose and treat people with psychological disorders that may range from mild to severe.