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Jones, CPA, entered into a signed contract with Foster Corp. to perform accounting and review services. If Jones repudiates the contract prior to the date performance is due to begin, which of the following is false?
A. Foster could successfully maintain an action for breach of contract prior to the date performance is due to begin.
B. Foster can obtain a judgment for the monetary damages it incurred as a result of the repudiation.
C. Foster can obtain a judgment ordering Jones to perform.
D. Foster could successfully maintain an action for breach of contract after the date performance was due to begin.
Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest. How much control does the Fed have over this longer real rate?
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