From Figures 1.11 and 1.12, determine and discuss how fluctuations in the nominal interest rate and inflation

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From Figures 1.11 and 1.12, determine and discuss how fluctuations in the nominal interest rate and inflation have contributed to fluctuations in the real interest rate from 2000 to 2015.

Figure 1.11:

20 15 Interest Rate 10 Inflation Rate ..... 1940 1980 1950 1960 1970 1990 2000 2010 2020 Year Percent


Figure 1.12:

-6 -8 -10 1940 1950 1960 1970 1980 1990 2000 2010 2020 Year 2. 2. Percent

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Macroeconomics

ISBN: 978-0134472119

6th Edition

Authors: Stephen D. Williamson

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