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According to the austrian view of the business cycle, if expansionary monetary policy pushes the interest rate to an artificially low level, the result will be

1 Answer

4 votes

Answer:

Mal investment and an unsustainable economic boom followed by recession

Step-by-step explanation:

According to the austrian view of the business cycle, if expansionary monetary policy pushes the interest rate to an artificially low level, the result will be MAL INVESTMENT AND AN UNSUSTAINABLE ECONOMIC BOOM FOLLOWED BY RECESSION

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