One of the largest single influences on the level of interest rates is inflation. There are a
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One of the largest single influences on the level of interest rates is inflation. There are a number of sites that report inflation over time. Go to www.bankofcanada.ca/rates/price-indexes/cpi and review the data. What has the average rate of inflation been since 2000? What year had the lowest level of inflation? What year had the highest level of inflation?
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Related Book For
The Economics of Money Banking and Financial Markets
ISBN: 978-0321785701
5th Canadian edition
Authors: Frederic S. Mishkin, Apostolos Serletis
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