A concern about negative nominal interest rates is that they will encourage more saving by people trying to compensate for the negative return on their money saved.

Name: A concern about negative nominal interest rates is that they will encourage more saving by people trying to compensate for the negative return on their money saved.
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Question

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Negative nominal interest rates discourage saving because people are less likely to save money when they are not earning interest on it.

A Concern About Negative Nominal Interest Rates Is That They