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Virginia Tech ECON 92237 Quiz 5 1)Annual inflation in Argentina this year is around 34%

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Virginia Tech

ECON 92237

Quiz 5

1)Annual inflation in Argentina this year is around 34%. If Argentina were to impose controls on nominal interest rates limiting the annual interest rate to 10% per year, it would be engaging in financial repression.

a.            True

b.            False

2.            Easterly argues that decentralized corruption is less harmful to growth rates than centralized corruption.

a.              True

b.            False