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vellojo vellojo
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7 years ago
In November 2008, the Reserve Bank of India (RBI) lowered its "repo" rate, the rate at which it lends to banks, from 8 percent to 7.5 percent.  Only two weeks earlier, it had lowered the rate from 9 percent to 8 percent.
The Economist, 11/6/2008

The Reserve Bank of India is lowering its rates to fight
A) inflation.
B) recession.
C) a decrease in money demand.
D) rising net exports.
Textbook 
Foundations of Macroeconomics

Foundations of Macroeconomics


Edition: 8th
Authors:
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Studying economics @ Edinburgh U
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yaderayadera
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7 years ago
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vellojo Author
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#2
7 years ago
I went through a flood of websites until I signed up here lol Glad I did
Studying economics @ Edinburgh U
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#3
3 years ago
thanks
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