Question: You borrow $ 1 0 , 0 0 0 from a bank for one year at a nominal interest rate of 5 % . If

You borrow $10,000 from a bank for one year at a nominal interest rate of 5%. If inflation over the year is 2%, what is the real interest rate you are paying? 3%2.5%5%2% Question 33 You borrow $10,000 from a bank for one year at a nominal interest rate of 5%. If inflation over the year is 2%, what is the real interest rate you are paying? 3%2.5%5%

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