Money & Bank MCQ
MB Chapter 4
The ________ states that the nominal interest rate equals the real interest rate plus the expected rate of inflation.
The ________ states that the nominal interest rate equals the real interest rate plus the expected rate of inflation.
The ________ states that the nominal interest rate equals the real interest rate plus the expected rate of inflation.
A) Fisher equation
B) Keynesian equation
C) Monetarist equation
D) Marshall equation
Answer: A
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