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Argument-if inflation heats up then interest rates will rise


Response to the following:

Determine whether the following argument is inductive or deductive. If an argument is inductive, determine whether it is strong or weak. If it is deductive, determine whether it is valid or invalid

If inflation heats up, then interest rates will rise. If interest rates rise, then bond prices will decline. Therefore, if inflation heats up, then bond prices will decline.

 

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