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N5 What is the relationship between nominal and effective interest rate? How is GDP affected by the nominal effective interest rate? In fiscal policy how

N5

What is the relationship between nominal and effective interest rate?

How is GDP affected by the nominal effective interest rate?

In fiscal policy how is GDP spending and tax affected?

What is the relationship between inflation and interest rate in monetary policy.

Match the word to the correct picture and explain it as an economic indicator

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