From mid-2008 to early 2009, the S&P/TSX Industrial Average declined sharply, while real interest rates were low
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From mid-2008 to early 2009, the S&P/TSX Industrial Average declined sharply, while real interest rates were low or were falling. What does this suggest would have happened to investment?
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The lower real interest rates would stimulate investment spending because the cost of ...View the full answer
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Related Book For 
The Economics of Money Banking and Financial Markets
ISBN: 978-0321785701
5th Canadian edition
Authors: Frederic S. Mishkin, Apostolos Serletis
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