The cost of financing investment is related only to interest rates; therefore, the only way that monetary

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The cost of financing investment is related only to interest rates; therefore, the only way that monetary policy can affect investment spending is through its effects on interest rates. Is this statement true, false, or uncertain? Explain your answer.

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The Economics Of Money Banking And Financial Markets

ISBN: 9780321584717

4th Canadian Edition

Authors: Frederic S. Mishkin, Apostolos Serletis

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