Multiple Choice
In 2008,inflation exceeded expected inflation.In 2009,expected inflation exceeded inflation.Therefore the real interest rate was ________ than the expected real interest rate in 2008 and the real interest rate was ________ than the expected real interest rate in 2009.
A) less; less
B) less; greater
C) greater; less
D) greater; greater
Correct Answer:
Verified
Correct Answer:
Verified
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