Calculate the inflation-adjusted interest rate when the annualized inflation rate is 4.3% per year and the real interest rate is 3.7% per year. The inflation-adjusted interest rate is

Survey Of Economics
10th Edition
ISBN:9781337111522
Author:Tucker, Irvin B.
Publisher:Tucker, Irvin B.
Chapter13: Inflation
Section: Chapter Questions
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Calculate the inflation-adjusted interest rate when the annualized inflation rate is 4.3% per year and the real interest rate is 3.7% per
year.
The inflation-adjusted interest rate is
%.
Transcribed Image Text:Calculate the inflation-adjusted interest rate when the annualized inflation rate is 4.3% per year and the real interest rate is 3.7% per year. The inflation-adjusted interest rate is %.
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