Describe how each of the following events affects stock and bond prices. a. The economy enters a
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a. The economy enters a recession.
b. A genius invents a new technology that makes factories more productive.
c. The Federal Reserve raises its target for interest rates.
d. People learn that major news about the economy will be announced in a few days, but they don’t know whether it is good news or bad news.
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a Often during recessions interest rates tend to decrease This would impact both stock and bond pric...View the full answer
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