In the 1990s Germany attempted to control inflation through a restrictive monetary policy and high interest rates.

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In the 1990s Germany attempted to control inflation through a restrictive monetary policy and high interest rates. Explain how this might have influenced income and prices in the United States.

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International Economics

ISBN: 9780078021671

8th Edition

Authors: Dennis Appleyard, Alfred Field

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Question Posted: Dec 02, 2015 04:32 AM

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In the 1990s Germany attempted to control inflation through a restrictive monetary policy and high interest rates.

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Other things equal the restrictive monetary policy in Germany would push German interest rates highe...View the full answer

International Economics

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