The accompanying diagram shows the interest rate on one-year loans and inflation during 19982013 in the economy

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The accompanying diagram shows the interest rate on one-year loans and inflation during 1998–2013 in the economy of Albernia. When would one-year loans have been especially attractive and why?image text in transcribed

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Macroeconomics

ISBN: 9781464110375

4th Edition

Authors: Paul Krugman, Robin Wells

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