classical dichotomy (Q1041933)

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the idea, attributed to classical/pre-Keynesian economics, that real variables (output and real interest rates) and nominal variables (money value of output and the interest rate) can be analyzed separately
  • Classical Dichotomy
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English
classical dichotomy
the idea, attributed to classical/pre-Keynesian economics, that real variables (output and real interest rates) and nominal variables (money value of output and the interest rate) can be analyzed separately
  • Classical Dichotomy

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