Help me with these questions please :

1.

Nominal interest rates are quoted at a variety of maturities, corresponding to different lengths of loans. For example. in late 2DD4 the US. government could take out tenyear loans at an annual interest rate of slightly over 4 percent, whereas the annual rate it paid on loans of only three months' duration was slightly under 2 percent. [An annualized interest rate of 2 percent on a threemonth loan means that if you borrow a dollarr you repay at the end of three months.) Typically, though not always. longterm interest rates are above shortterm ratesr as in the preceding example from 21114. In terms of the Fisher effectr what would that pattern say about expected ination andfor the expected future real interest rate?