In the spring of 2011, as worries about the possibility of the Greek government defaulting on its
Question:
a. Why did the nominal interest rate increase?
b. Would you expect there to be a difference between actual and expected real interest rates in this situation?
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Related Book For
Macroeconomics
ISBN: 9780132109994
1st Edition
Authors: Glenn Hubbard, Anthony Patrick O'Brien, Matthew P Rafferty
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