181 16 (Algo) Doris lends Sheila $110 for tuition expenses at the beginning of the fall semester. Question Help %. If the inflation rate is expected to be 5% and Doris asks Sheila to pay $132 at the end of the semester, then the real rate of interest earned by Doris is (Round your response to the nearest whole number.)

181 16 (Algo) Doris lends Sheila $110 for tuition expenses at the beginning of the fall semester. Question Help %. If the inflation rate is expected to be 5% and Doris asks Sheila to pay $132 at the end of the semester, then the real rate of interest earned by Doris is (Round your response to the nearest whole number.)

ECON MACRO

5th Edition

ISBN:9781337000529

Author:William A. McEachern

Publisher:William A. McEachern

Chapter7: Unemployment And Inflation

Section: Chapter Questions

Problem 3.7P

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