Order the answer to: Why can a country’s nominal interest rate never be negative?

Academic Help business economics Order the answer to: Why can a country’s nominal interest rate never be negative?

business economics

Order the answer to: Why can a country’s nominal interest rate never be negative?

Question Why can a country’s nominal interest rate never be negative? Why can a country’s real interest rate indeed be negative? If a country has a negative real rate, do you think that this suggests that the country is not well integrated into world financial markets? Explain.
Subject business economics
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