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If Wiknam households expect higher inflation in the coming year, how might that effect Money Demand? How would that affect the real interest rate, the
If Wiknam households expect higher inflation in the coming year, how might that effect Money Demand? How would that affect the real interest rate, the nominal interest rate and actual inflation? (hint: use the chart that links money, prices and interests rates)
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Essentials of Economics
Authors: Bradley Schiller, Karen Gebhardt
10th edition
125923570X, 978-1259235702
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