BASED ON EXHIBIT 1, WHICH COUNTRY SHOULD MOST LIKELY HAVE A POLICY RATE ABOVE THE NEUTRAL RATE

2. - CFA 2018 LEVEL 2 PORTFORLIO QUESTION BANK R50 ECONOMICS AND INVESTMENT MARKETS Q BANK

CFA 2018 LEVEL 2 PORTFORLIO QUESTION BANK R50 ECONOMICS AND INVESTMENT MARKETS Q BANK

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2. Based on Exhibit 1, which country should most likely have a policy rate above the neutral

rate?

A. China.

B. USA.

C. Japan.