In recent years, economists have argued about the true value of the real interest rate at any

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In recent years, economists have argued about the true value of the real interest rate at any one time and over time. Given that the Nominal interest rate = Real interest rate + Expected inflation rate, it follows that the Real interest rate = Nominal interest rate – Expected inflation rate. Why do you think there is so much disagreement over the true value of the real interest rate?
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Economics

ISBN: 978-1285738321

12th edition

Authors: Roger A. Arnold

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