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Suppose Joe, from part b) above, changes his expectation of

Paper help Economics Suppose Joe, from part b) above, changes his expectation of

Economics

Suppose Joe, from part b) above, changes his expectation of

Suppose Joe, from part b) above, changes his expectation of inflation from 5.1% to the actual rate o… Show more; ; Suppose Joe, from part b) above, changes his expectation of inflation from 5.1% to the actual rate of inflation that is -1.2%. What is the lowest the ex-ante interest rate can go if the nominal interest rate is 2.42%, given the change in Joe’s inflationary expectations. See the; Economist%u2019s View site

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