According to Fisher effect,real interest rate is the sum of the nominal interest rate and the expected rate of inflation over a specific period.

Name: According to Fisher effect,real interest rate is the sum of the nominal interest rate and the expected rate of inflation over a specific period.
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The Fisher effect states that the real interest rate is approximately the nominal interest rate minus the expected rate of inflation, not the sum.

According to Fisher Effect,real Interest Rate Is the Sum of the Nominal