Answer the following questions based on information found in the table below a. Is there evidence of

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Answer the following questions based on information found in the table below

a. Is there evidence of the deflation spiral from 1929 to 1933 in the United Kingdom?

b. Is there evidence of the effect of high real interest rates on output?

c. Is there evidence of a poor choice of the real policy interest rate by the central bank?

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Macroeconomics

ISBN: 9780134897899

8th Edition

Authors: Olivier Jean Blanchard

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