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Macroeconomics 12th Edition by Rudiger Dornbusch, Stanley Fischer ,Richard Startz
Edition 12ISBN: 978-1259070969Macroeconomics 12th Edition by Rudiger Dornbusch, Stanley Fischer ,Richard Startz
Edition 12ISBN: 978-1259070969 Exercise 5
Should the United States index its wages and prices Detail the pros and cons of such a plan. How would your answer differ if you expected that the nation would face a period of extremely high inflation (say, 300 percent)
Explanation
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Wages and prices are often indexed by go...
Macroeconomics 12th Edition by Rudiger Dornbusch, Stanley Fischer ,Richard Startz
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