NO.PZ2022122601000011
问题如下：
Wakuluk decides to focus on Country Y to determine the path of nominal interest rates, the potential economic response of Country Y’s economy to this path, and the timing for when Country Y’s economy may move into the next business cycle. Wakuluk makes the following observations:
Observation 1 Monetary policy has been persistently loose for Country Y, while fiscal policies have been persistently tight.
Based on Observation 1, fiscal and monetary policies in Country Y will most likely lead to:
选项：
A.low nominal rates.
high nominal rates.
C.either high or low nominal rates.
解释：
Correct Answer: C
C is correct. Monetary policy has been persistently loose for Country Y, while fiscal policies have been persistently tight. With this combination of persistently loose and tight policies, the impact could lead to higher or lower nominal rates (typically labeled as mid-nominal rates)
中文解析：
C正确。Y国的货币政策一直是宽松的，而财政政策一直是紧缩的。在这种持续宽松和紧缩政策的结合下，其影响可能导致名义利率(通常被称为中等名义利率)的上升或下降。
照理说宽松的货币政策导致利率降低，收紧的财政政策导致投资项目减少，引起对资金的需求减少，也是导致利率降低。二者既然都是降低，为啥答案是上升或者下降。
