Suppose the real rate of interest is 3 and the money supply


Suppose the real rate of interest is 3%, and the money supply is growing at 5%. If the growth rate of the money supply rises to 10%, then, according to the Fisher effect, what is the change in the real rate of interest? ________________ nominal rate of interest?

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Business Economics: Suppose the real rate of interest is 3 and the money supply
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