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According to the Fisher hypothesis, an increase in the expected inflation rate should lead to ____ in the nominal interest rate and ____ in the
According to the Fisher hypothesis, an increase in the expected inflation rate should lead to ____ in the nominal interest rate and ____ in the expected real interest rate.
Select one:
a. an increase; an increase
b. an increase; no change
c. an increase; a decrease
d. a decrease; a decrease
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