What will happen to interest rates if public believes


The president of the United States announces in a pre-conference that he will fight the higher inflation rate with a new anti-inflation program. Predict what will happen to interest rates if the public believes him. Why are expectations so important to the role of interest rates?

Request for Solution File

Ask an Expert for Answer!!
Microeconomics: What will happen to interest rates if public believes
Reference No:- TGS0515137

Expected delivery within 24 Hours