Respuesta :
The fisher effect is crucial for understanding changes over time in the nominal interest rate. The Fisher Effect, named after economist Irving Fisher, describes the link between inflation and both real and nominal interest rates.
According to the Fisher Effect, the real interest rate equals the nominal interest rate minus the predicted inflation rate. As a result, unless nominal interest rates rise at the same rate as inflation, real interest rates decline. Individuals receive a financial return when they deposit money at nominal interest rates. In contrast to the nominal interest rate, the real interest rate takes purchasing power into account in the equation.
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