Question: Attempts Average / 1 6 . Interest rate forecasting Suppose you learn that in 2 0 2 1 there are plans for the federal government

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Average /1
6. Interest rate forecasting
Suppose you learn that in 2021 there are plans for the federal government to institute a $20 per hour minimum wage across the country, and as a result, the average household income in the country will rise.
Assuming there are no other changes to SA or DA, the projected net demand for loanable funds (ND) will be , placing pressure on interest rates.
Attempts Average /1 6. Interest rate forecasting Suppose you learn that

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