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In an economy the real interest rate and inflation is 3% and 1.8% respectively Find nominal interest rate

Survey Of Economics

10th Edition

ISBN:9781337111522

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter13: Inflation

Section: Chapter Questions

Problem 7SQP

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In an economy the real interest rate and inflation is 3% and 1.8% respectively

Find nominal interest rate

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