中等ECON-INFL-002
Expected inflation rises and new loan contracts are renegotiated. What happens to the nominal interest rate?
A. It must fall by the full amount of expected inflation
B. It is fixed by the currency board at 7.80
C. It tends to rise so the expected real rate need not fall one-for-one✓ 答案
D. It equals the natural rate of unemployment
解說
Approximately, expected real interest rate = nominal rate minus expected inflation. If inflation is anticipated, contracts build in a higher nominal rate. 7.80 is an exchange rate of HKD per USD, not an interest rate.