Because prices are slow to move in the short-run, when the Bank of Canada lowers the overnight rate, ________.
A) nominal interest rates rise
B) real interest rates fall
C) inflation falls
D) real interest rates rise

Name: Because prices are slow to move in the short-run, when the Bank of Canada lowers the overnight rate, ________. A) nominal interest rates rise B) real interest rates fall C) inflation falls D) real interest rates rise
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The Answer is B

Because Prices Are Slow to Move in the Short-Run, When