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Question: Throughout this course, you have analyzed the types and strength of arguments. One of the more challenging tasks in critical thinking is discerning the differences between inductive and deductive reasoning.
Directions: For this final written assignment, you will construct two paragraphs. One paragraph will provide an example of inductive reasoning and the other an example of deductive reasoning. For both paragraphs, you are to include the following using complete sentences:
1. Description of the argument
2. Explanation of the premises
3. Explanation of conclusion
4. Explanation of why the example is inductive or deductive
You may use either real or fictional examples but not the examples used in week four's assignment.
500 words
Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest. How much control does the Fed have over this longer real rate?
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