Real interest rate with his notation

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In macroeconomics from williamson (4th edition) in chapter 11, it says that demand for credit is R=q (totally elastic), but in williamsons notation, R is in nominal terms and q in real terms. Isnt that mistaken? Shouldn’t it be r=q? (r=real interest rate with his notation)

Reference no: EM13839517

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Real interest rate with his notation : In macroeconomics from williamson (4th edition) in chapter 11, it says that demand for credit is R=q (totally elastic), but in williamsons notation, R is in nominal terms and q in real terms. Isnt that mistaken? Shouldn’t it be r=q? (r=real interest ..

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