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When a central bank succeeds in keeping the inflation rate constant an equal to 5% for many years, a. The expected inflation rate will be

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When a central bank succeeds in keeping the inflation rate constant an equal to 5% for many years, a. The expected inflation rate will be 3% to allow the nominal interest rate to be equal to the real interest b. The expected inflation rate will be 3% to allow the nominal interest rate to be equal to the real interest c. The nominal interest rate will be equal to 5% and the expected real interest rate equal to 0% d. The expected inflation rate will be equal to 5% and the nominal interest rate will be equal to the expected real interest rate plus 5% e. The expected inflation rate will be 3% to allow the nominal interest rate to exceed the real interest by an amount equal to 2%

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