
Macroeconomics 10th Edition by Roger Arnold
Edition 10ISBN: 978-1111823016
Macroeconomics 10th Edition by Roger Arnold
Edition 10ISBN: 978-1111823016 Exercise 9
In recent years, economises have argued about the true value of the real interest rate at any one time and over time. Given char the Nominal interest rate = Real interest rate + Expected inflation rate, then Real interest rate = Nominal interest rate - Expected inflation rate. Why do you think there is so much disagreement over the true value of the real interest rate?
Explanation
Here, know that the nominal interest rat...
Macroeconomics 10th Edition by Roger Arnold
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