What is the difference between the real interest rate and the money interest rate? Does inflation help

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What is the difference between the real interest rate and the money interest rate? Does inflation help borrowers relative to lenders?

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Macroeconomics Private And Public Choice

ISBN: 9780538754286

13th Edition

Authors: James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson

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