Suppose you know that cumulative inflation for the period 1926 2010 was 12.34. You also know that the geometric mean for Treasury bills for this period was 3.6 percent. What was the real return for Treasury bills for the period 1926 201
Suppose you know that cumulative inflation for the period 1926 2010 was 12.34. You also know that the geometric mean for Treasury bills for this period was 3.6 percent. What was the real return for Treasury bills for the period 1926 201
Chapter13: Inflation
Section: Chapter Questions
Problem 8SQP
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Suppose you know that cumulative inflation for the period 1926 2010 was 12.34. You also know that the geometric mean for Treasury bills for this period was 3.6 percent. What was the real return for Treasury bills for the period 1926 2010?
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