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：2025/12/07
Gibson's paradox
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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
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.
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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.
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