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Specification:
Click to read the article below and then answer the questions:
Economists are overly reliant on rules
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Why did inflation hold steady or even drop after the central bank lowered its policy rate?
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What economic rules or theorems do you think economists too reliant on? Why?
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What recent example can you think of that appears to be an exception to an economic rule? Why?
Ariel Slonim at MRU Econinbox
