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  • 24-04-2017
  • Business
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He after-tax real interest rate when the government taxes nominal interest income. this tends to

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  • 26-04-2017
The tendency here is to encourage saving and thereby increasing the quantity of investment in the economy and the increasing of the economy's long-run rate. Remember that a lower inflation rate will increase the after-tax real interest rate. This is related to the principles of macroeconomics
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