Can the real rate of interest ever be negative

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Question: 1. Can (i) the real rate of interest, (ii) the nominal rate of interest, ever be negative? Explain.

2. What does it mean to say the demand for money is interest inelastic?

The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132179405

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