Suppose that you are in an employment interview with a company doing business in India. The interviewer

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Suppose that you are in an employment interview with a company doing business in India. The interviewer says to you, "Economics is great in theory but lousy in practice. Here's an example. The central bank of India is increasing the money supply, yet interest rates are rising. That makes no economic sense. Right?" To reflect your understanding of macroeconomics, how should you respond? (Ignore the obvious answer, which is "You're completely right-please give me a job.")
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