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Suppose in a hypothetical economy, the expected inflation rate is 8% and the real interest rate is -3%. The nominal interest rate is: -11% -8%
Suppose in a hypothetical economy, the expected inflation rate is 8% and the real interest rate is -3%. The nominal interest rate is: -11% -8% 5% 11%
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Microeconomics
Authors: Austan Goolsbee, Steven Levitt, Chad Syverson
1st Edition
978-1464146978, 1464146977
