Question: For each of the following two arguments, construct an indirect proof of validity. If a sharp fall in the prime rate of interest produces a
For each of the following two arguments, construct an indirect proof of validity.
If a sharp fall in the prime rate of interest produces a rally in the stock market, then inflation is sure to come soon. But if a drop in the money supply produces a sharp fall in the prime rate of interest, then early inflation is equally certain. So inflation will soon be upon us. (F, R, I, D)
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