Question
1. Why is the expected real interest rate for a time period different than the actual real interest rate for the time period? Why does
1. Why is the expected real interest rate for a time period different than the actual real interest rate for the time period? Why does this difference not exist for a nominal interest rate?
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Price Theory and Applications
Authors: Steven Landsburg
9th edition
1285423526, 978-1285947877, 1285947878, 978-1285423524
