Question: Problem 8 Intro The expected inflation rate is 2.9%. To Attempt 1/3 for 10 pts. Part 1 What is the nominal interest rate if the

 Problem 8 Intro The expected inflation rate is 2.9%. To Attempt

Problem 8 Intro The expected inflation rate is 2.9%. To Attempt 1/3 for 10 pts. Part 1 What is the nominal interest rate if the real rate of interest is 1.4%? 4.3% E- Attempt 3/3 for 9 pts. Part 2 What is the real interest rate if the nominal rate of interest is 7.8%? 4+ decimals Submit

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