7. LO 7 Is there anything you observe in Figure 1.9 that would make you think that...

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7. LO 7 Is there anything you observe in Figure 1.9 that would make you think that increases (decreases) in inflation cause increases (decreases) in the nominal interest rate, as opposed to increases (decreases) in the nominal interest rate causing increases (decreases) in the inflation rate? Explain.

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Macroeconomics

ISBN: 9780135651568,9780135616710

6th Edition

Authors: Stephen D. Williamson

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