Question: Look at Table 1.1 and Figures 1.5 and 1.6. When were T-bill rates at their highest? Why do you think they were so high during

Look at Table 1.1 and Figures 1.5 and 1.6. When were T-bill rates at their highest? Why do you think they were so high during this period?

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Tbill rates were highest in the early eighties since inflation at the time was relatively high As we discuss in our chapter on interest rates rates on ... View full answer

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