In the Classical Model,we Assume There Is No Ongoing Inflation,so

question 93

True/False

In the classical model,we assume there is no ongoing inflation,so there is no need to distinguish between the nominal interest rate and the real interest rate.

---

Definitions:

Chewing Gum

A type of soft, chewable substance that’s designed to be chewed but not swallowed.

Quit Smoking

The process of discontinuing tobacco smoking, which can lead to improved health and reduced risk of many diseases.

Greatest Productivity

Refers to the highest level of output or the most significant outcomes achieved by an individual, company, or system in a given period.

Professor

An academic and scholarly teacher, typically in a college or university, who is an expert in their field.