When there is deflation, the realized real interest rate is more than the nominal interest rate.

Name: When there is deflation, the realized real interest rate is more than the nominal interest rate.
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Deflation reduces the general price level, making each unit of currency more valuable. This means that borrowers are paying back loans with more valuable currency than they borrowed, resulting in a higher real interest rate than the nominal interest rate.

When There Is Deflation, the Realized Real Interest Rate Is