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The Neo-Fisherian result that increasing the nominal interest rate increases inflation is a startling one because Question 11Answer a. it also holds in the Basic
The Neo-Fisherian result that increasing the nominal interest rate increases inflation is a startling one because Question 11Answer a. it also holds in the Basic New Keynesian model b. Keynes would agree with it c. it is wrong d. this result is obtained in a New Keynesian model that is usually used to justify conventional central banking ideas e. Steve Poloz supports Neo-Fisherism
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