1.8. If everyone expects inflation to rise by 10% over the next few years, where, according to...

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1.8. If everyone expects inflation to rise by 10%

over the next few years, where, according to the Fisher effect, will the biggest effect be:

on nominal or real interest rates?

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Modern Principles Macroeconomics

ISBN: 124428

2nd Edition

Authors: Tyler Cowen ,Alex Tabarrok

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