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The Neo-Fisherian result that increasing the nominal interest rate increases inflation is a startling one because Question 50 options: it is wrong. it also holds
The Neo-Fisherian result that increasing the nominal interest rate increases inflation is a startling one because Question 50 options: it is wrong. it also holds in the Basic New Keynesian model. Keynes would agree with it. this result is obtained in a New Keynesian model that is usually used to justify conventional central banking ideas. Steve Poloz supports Neo-Fisherism
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Principles of Economics
Authors: Fred M. Gottheil
7th edition
978-1133962069, 9781285064444, 1133962068, 1285064445, 978-1285064437
