Order the answer to: Consider the data on annual…
| Question | Consider the data on annual inflation rates and growth of per capita GDP shown in Table 30-1. Can you see that low inflation is associated with the highest growth rates? What are the economic reasons that growth might be lower for deflation and for hyperinflation. Explain why the ex post fallacy might apply here (see the discussion in Chapter 1) . |
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| Subject | business-economics |
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