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If the nominal interest rate in an economy is 9 percent and the expected inflation rate is 6 ...
tootsiebrowny
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If the nominal interest rate in an economy is 9 percent and the expected inflation rate is 6 ...
If the nominal interest rate in an economy is 9 percent and the expected inflation rate is 6 percent, then the expected real interest rate in the economy is ________.
▸ 9 percent
▸ 6 percent
▸ 3 percent
▸ 15 percent
Textbook
Macroeconomics
Edition:
3
rd
Authors:
Acemoglu, Laibson, List
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3 percent
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tootsiebrowny
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I appreciate what you did here, answered it right
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