Last Updated：2025/12/07

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(economics) The observation that the rate of interest and the general level of prices are positively correlated.

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Gibson's paradox

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Source Word

Gibson's paradox

Proper noun

(economics) The observation that the rate of interest and the general level of prices are positively correlated.

Japanese Meaning

経済学において、利子率と全体の物価水準が正の相関関係にあるという観察結果

What is this buttons?

Gibson's paradox puzzled economists for decades because it suggested a persistent positive link between interest rates and the general price level that classical theory could not explain.

Google Translation / DeepL Translation

利子率と一般物価水準が持続的に正の相関を示すという観察は、古典派理論では説明できず、数十年にわたり経済学者を困惑させた。

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(economics) The observation that the rate of interest and the general level of prices are positively correlated.

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Gibson's paradox

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