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Homework correction
International Banking: Homework 1 1. Simple Questions and Problems (a) Mishkin (9th Edition), Chapter 1, problems 1, 2, 5, 9, 12, 15 (p. 19) 1. (Omitted). 2. The data in Figures 1, 2, 3, and 4 suggest that real output, the inflation rate, and interest rates would all fail. 5. (Omitted). 9.The interest rate on three-month Treasury bills fluctuates more than the other interest rates and is lower on average. The interest rate on Baa corporate bonds is higher on average than the other int...