The nominal interest rate is currently 4.6% per year and the current expected inflation is 2.7%. suppose the fed unexpectedly increases the growth rate of the money supply, causing the inflation rate to rise unexpectedly from 2.7% to 3.2% per year. as a result of this change in inflation, the nominal interest rate will now be %. assume that the classical dichotomy holds.

Answer the above statement is ( true );

In the 10th grade, i was teamed up in a group of four. our project was on modern history. altho it seemed super hard for many of us. patrick fleming  took charge and showed us the understanding of this project.  his leadership showed great ethics and it taught me, personally, how to others understand, not just to show them, but explain it thoroughly. and altho he was a great teacher i would have changed a few things. one being his attitude. many times he would get frustrated and impatient with the group.  i think  a leader i would have done exactly  what he did but with much more patience and be there more to explain. such as lunch  learning. and giving everybody a chance to try to explain it in their  head.