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What is the real interest rate if the nominal interest rate is 7.73% and the expected inflation rate is 3.73% over the course of a year?

Survey Of Economics

10th Edition

ISBN:9781337111522

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter13: Inflation

Section: Chapter Questions

Problem 10SQ

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rate is 3.73% over the course of a year?

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