I am trying to understand how Inductive degeneration helps with noise reduction in a LNA design. I have attached a picture of the schematic I am looking at. My confusion comes from the location where Vout is taken. Since inductors have a zero voltage drop across them why are taking Vout at this location isn't this simply the rail voltage? Also the reason why inductive degeneration is still not clear to me. All I have read about inductive degeneration is that it lowers noise figure but it is not clear to me why this is the case?
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