Question: Using the approximate nominal interest rate equation, what nominal interest rate must the residents of New South Brazillia get to stay ahead of inflation and

Using the approximate nominal interest rate equation, what nominal interest rate must the residents of New South Brazillia get to stay ahead of inflation and still have a reward for waiting? \%. (Round to two decimal places.) Using the true nominal interest rate equation, what nominal interest rate must the residents of New South Brazillia get to stay ahead of inflation and still have a reward for waiting? % (Round to two decimal places.)
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