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nominal interest rate

nominal interest rate ECON

nominal interest rate ECON

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A low nominal interest rate can reduce debt servicing costs, while negative real interest rates erodes the real value of government debt. en.wikipedia.org

They use a reduced form equilibrium model to explain changes in house prices by variables such as nominal interest rate, changes in consumer price index, and transactions volume. www.heritage.org

However, gross borrowing costs are substantially higher than the nominal interest rate and amounted for the last 30 years to 10.46 per cent. en.wikipedia.org

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