Question: Question 9 ( 1 point ) Listen Inflation is 4 . 0 % . The nominal rate is 9 . 0 % . What is
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Inflation is The nominal rate is What is the true, accurate real rate?
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You invest $ today in a certificate of deposit CD at your local bank that will pay you APR. If inflation over that year is by approximately how much did your real spending power increase?
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