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If the FED decides to continue the process of raising interest rates, what is the likely response of firms and households to the increased cost of borrowing?Thinking back to the discussion on the def

If the FED decides to continue the process of raising interest rates, what is the likely

response of firms and households to the increased cost of borrowing?Thinking back to the discussion on the deficit and the debt, how might an increase in the interest rate affect a decision by the government to allow continued large deficits?

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