Which do you think would be more harmful to the economyan infl ation rate that averages 5

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Which do you think would be more harmful to the economy—an infl ation rate that averages 5 percent a year and has a high standard deviation or an infl ation rate of 7 percent that has a standard deviation close to zero?

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Money Banking And Financial Markets

ISBN: 9780073375908

3rd Edition

Authors: Stephen Cecchetti, Kermit Schoenholtz

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Question Posted: Jul 25, 2024 05:01 AM

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Which do you think would be more harmful to the economyan infl ation rate that averages 5

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Money Banking And Financial Markets

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