Answer :
Answer:
a.- correct option: The nominal interest rate will decrease by 0.5%
b.- correct option: Fisher effect
Explanation:
nominal rate - inflation = real rate
n - 1% = 4%
nominal = 5%
if inflation decrease to 0.5%
then:
nominal: 4% + 0.5% = 4.5%
correct option: The nominal interest rate will decrease by 0.5%
Fisher formula for real rate:
[tex]\\(1+r_r)(1+\delta)=(1+r_n)\\\frac{(1+r_n)}{(1+\delta)} -1 = r_r[/tex]