contestada

The​ long-run growth rate of real GDP for Canada is about 4.6​%, and the expected real interest rate on 10 year government bonds has averaged about 2.8​%.
If the growth rate of velocity is​ 0%, and the rate of growth of the money supply is 6.5​%, in the long​ run, the nominal interest rate is ___ % (Round to nearest 1 decimal place)

Q&A Education