According to the international Fisher effect, if the nominal interest rate in Russia is 9.5% and the inflation rate is 8%, the real rate of interest is approximately

Name: According to the international Fisher effect, if the nominal interest rate in Russia is 9.5% and the inflation rate is 8%, the real rate of interest is approximately
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The real rate of interest can be approximated using the Fisher equation: real interest rate ≈ nominal interest rate - inflation rate. Therefore, 9.5% - 8% = 1.5%.

According to the International Fisher Effect, If the Nominal Interest