Suppose that the nominal interest rate is 1 0 % , and the inflation rate is 2

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Question:

Suppose that the nominal interest rate is

10 %,

and the inflation rate is

2 % .

What is the value of the real interest rate?

Related Book For answer-question

Macroeconomics

ISBN: 978-0138014919

12th edition

Authors: Robert J Gordon

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Posted Date: Apr 04, 2024 06:17 AM

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Suppose that the nominal interest rate is 1 0 % , and the inflation rate is 2

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