Explain how changes in the overnight nominal rate influence, Macroeconomics

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Explain how changes in the overnight nominal rate influence

Problem

How the Fed affects investment: The Federal Reserve exercises monetary policy by means of a very short-term, overnight nominal interest rate. Explain how changes in this overnight nominal rate influence longer-term real interest rates, and thus investment.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Macroeconomics: Explain how changes in the overnight nominal rate influence

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Macroeconomics: Explain how changes in the overnight nominal rate influence

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