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smitch6 smitch6
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6 years ago
When there is high inflation
A) interest rates fall due to government policy.
B) the real interest rate is always greater than the nominal interest rate.
C) the nominal interest rate is always greater than the real interest rate.
D) the real interest rate is always negative.
E) the nominal interest rate is approximately equal to the real interest rate.
Textbook 
Macroeconomics, Canadian Edition

Macroeconomics, Canadian Edition


Edition: 5th
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6 years ago
C
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