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Which of the following statements is incorrect? Select one or more: a.The expected real interest rate is approximately equal to the nominal interest rate minus
Which of the following statements is incorrect?
Select one or more:
a.The expected real interest rate is approximately equal to the nominal interest rate minus expected inflation
b.The nominal interest rate is approximately equal to the real interest rate plus inflation
c.The realised real interest rate is approximately equal to the nominal interest rate minus actual inflation
d.The real interest rate is approximately equal to the nominal interest rate plus inflation
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