Evidence on the Fisher Effect suggests that since 2010:       a. nominal interest rates are negative     b. nominal interest rates are equal to the real interest rate     c. nominal interest rates are higher in absolute value than real interest rates     d. real interest rates are negative

Macroeconomics
13th Edition
ISBN:9781337617390
Author:Roger A. Arnold
Publisher:Roger A. Arnold
Chapter14: Money And The Economy
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Evidence on the Fisher Effect suggests that since 2010:

 

   

a. nominal interest rates are negative

   

b. nominal interest rates are equal to the real interest rate

   

c. nominal interest rates are higher in absolute value than real interest rates

   

d. real interest rates are negative

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