One thing confuses me in the interest rate explanation is that, the nominal interest = real interest rate + inflation, PL increase on one hand indicates the inflation, on the other hand should decrease the real interest rate because consumers tend to save more rather than spending therefore the banks tend to depress the real interest rate.
Sometimes causes lead to effects that partially undue the cause. But the net effects will still hold. I always advise students to never circle back. Good luck!
You probably don't know who I am, but I just wanted to let you know that are truly amazing. You have helped me so much and that I really really appreciate you
I'm watching all these vids 1 day before my exam. They are really helpful as a revision explainer to guarantee a 5
Thank you! Good luck on your exam!
One thing confuses me in the interest rate explanation is that, the nominal interest = real interest rate + inflation, PL increase on one hand indicates the inflation, on the other hand should decrease the real interest rate because consumers tend to save more rather than spending therefore the banks tend to depress the real interest rate.
Sometimes causes lead to effects that partially undue the cause. But the net effects will still hold.
I always advise students to never circle back.
Good luck!
You probably don't know who I am, but I just wanted to let you know that are truly amazing. You have helped me so much and that I really really appreciate you
I am so glad to have helped! Good luck on your exams!! 😄
thank you!!