One important aspect of the recent global downturn has been the sharp increase in household saving rates in many advanced economies.October 11, 2020
Assume that any money lent by a bank is always deposited in a checkable deposit and that the reserve ratio is 10%. The Fed purchases $100 million in…October 11, 2020
What is the correlation coefficient between the CPI core inflation rate and the BAA-AAA interest rate spread for the years 1961-2017? (The coefficient should be between -1.00 and +1.00; use two decimal places. Don’t type a “%” sign or “+” sign. Use a “-” sign if the answer is negative.)
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