The scatter plot on the right shows combinations of nominal interest rates and inflation rates for 10 mythical countries. According to the Fisher equation, you would expect that all points should be the 45-degree line. The real rate of interest for Atlantis is%. (Round your response to one decimal place.) The real rate of interest for Alexandria is%. (Round your response to one decimal place.) Nominal Interest Rate (%) 20- 18- 16- 14- 12- 10.50 boob 10- 8- 6- 4- 2- 7300 Atlantis Alexandria 5:00 18:40 10 12 14 16 18 Inflation Rate (%) 20

The scatter plot on the right shows combinations of nominal interest rates and inflation rates for 10 mythical countries. According to the Fisher equation, you would expect that all points should be the 45-degree line. The real rate of interest for Atlantis is%. (Round your response to one decimal place.) The real rate of interest for Alexandria is%. (Round your response to one decimal place.) Nominal Interest Rate (%) 20- 18- 16- 14- 12- 10.50 boob 10- 8- 6- 4- 2- 7300 Atlantis Alexandria 5:00 18:40 10 12 14 16 18 Inflation Rate (%) 20

Economics:

10th Edition

ISBN:9781285859460

Author:BOYES, William

Publisher:BOYES, William

Chapter7: Unemployment And Inflation

Section: Chapter Questions

Problem 7E

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