Explain why high nominal interest rates in an economy does not necessarily mean real interest rates ...

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Explain why high nominal interest rates in an economy does not necessarily mean real interest rates ...

Explain why high nominal interest rates in an economy does not necessarily mean real interest rates in the same economy are also high.

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Macroeconomics: Principles, Applications and Tools

Edition: 7^th

Authors: O'Sullivan, Sheffrin, Perez

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