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Monetary policy might give the reskilling program time to achieve the goal of higher potential output. Specifically, an increase in the real interest rate might counter the downward pressure on the nominal exchange rate. 8. Use TABLE ONE, below, to show the long-run consequences of a higher real interest rate. The table shows the higher real interest rate and that the goal of higher potential output is achieved in either scenario. lower (), higher (), no difference is implied by the scenarios = not different (ND), or >difference is implied, but not enough information (??). Y=C+I+G+NX w is the real wage. W is the nominal wage. P is the price level. W = W 1006 P E = r = F+ Ax 100+i*-i TABLE ONE C R L I W A NX Y ND S