Nominal interest rates fall during recession

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Q1. Following the passage of comparable worth legislation, Unity College responds by placing salaries at $W a between the two existing salaries. Which of the following is the result of the legislation?

Q2. During a recession phase of the business cycle, business firms become pessimistic about their future earning capacity as do banks. Nominal interest rates fall during recession. Investment lending could be expected to?

Reference no: EM138637

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Nominal interest rates fall during recession : Business firms become pessimistic about their future earning capacity as do banks. Nominal interest rates fall during recession.

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