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Posts: 82
2 weeks ago
Suppose that you borrow $10,000 for one year, and at the end of the year, you must repay $10,450. Also, during that year inflation was 2.5%. The real interest rate is

• 12.0 percent.

• 4.5 percent.

• 2.0 percent.

• 7.0 percent.
Source  Download
Economics Today: The Micro View
Edition: 19th
Author:
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wrote...
2 weeks ago
2.0 percent.
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