2. In the long-run equilibrium of the dynamic model, the natural rate of interest equals the a....

Question:

2. In the long-run equilibrium of the dynamic model, the natural rate of interest equals the

a. inflation rate.

b. expected inflation rate.

c. nominal interest rate.

d. real interest rate.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Macroeconomics

ISBN: 9781319263904

11th Edition

Authors: N. Gregory Mankiw

Question Posted: