6 The severity of the Great Depression may be partly explained by an increase in expected a inflation, which raised nominal interest rates above real interest rates b inflation, which raised real int...

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6 The severity of the Great Depression may be partly explained by an increase in expected a inflation, which raised nominal interest rates above real interest rates b inflation, which raised real interest rates above nominal interest rates c deflation, which raised nominal interest rates above real...

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6. The severity of the Great Depression may be partly explained by an increase in expected a....

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Macroeconomics