If an analyst was considering the effects of interest rates on future direction of the economy, would she focus on the short rates as controlled by the central bank, or long rates as controlled by the market and why?

If an analyst was considering the effects of interest rates on future direction of the economy, would she focus on the short rates as controlled by the central bank, or long rates as controlled by the market and why?

Macroeconomics

13th Edition

ISBN:9781337617390

Author:Roger A. Arnold

Publisher:Roger A. Arnold

Chapter14: Money And The Economy

Section: Chapter Questions

Problem 14QP

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