Form of argumentation - if inflation heats up

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Determine whether the following arguments are 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.

Reference no: EM131395253

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