The short-run impact on the nominal interest rate of monetary expansion is different   from its long-run impact. Which of the following explanations is not correct? a. In the short run, nominal interest rate falls due to Fisher effect. b. Over time, rising income pushes up nominal interest rate via increased demand for  money. c. Over time, expected inflation rate rises, which in turn pushes up nominal interest rate. d. Over time, rising prices also push up nominal interest rate. e. All of the above are correct

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