Macroeconomics (7th Edition)
Macroeconomics (7th Edition)
7th Edition
ISBN: 9780134738314
Author: R. Glenn Hubbard, Anthony Patrick O'Brien
Publisher: PEARSON
Question
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Chapter 9, Problem 9.6.4RQ
To determine

Impact of deflation on the nominal interest rate and real interest rate.

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would this be considered deflation?
What are the possible consequences of deflation for an economy?
The Nominal Interest rate and inflation rate in an economy is same.  What will be the real interest in such case?

Chapter 9 Solutions

Macroeconomics (7th Edition)

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