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Tidy Tidy
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9 years ago
When deflation occurs
A) the real interest rate is greater than the nominal interest rate.
B) the nominal interest rate is greater than the real interest rate.
C) the nominal interest rate is equal to the real interest rate and inflation is negative.
D) the nominal interest rate is equal to the real interest rate and inflation is positive.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
Read 237 times
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Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face
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Chimelo46Chimelo46
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9 years ago
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#2
9 years ago
The textbook reference in your signature really helped me narrow it down.

Happy to help Wink Face
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