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If the nominal interest rate is 4 percent and expected inflation rate is 5 percent, the real interest rate

tacobeo

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7 months ago

If the nominal interest rate is 4 percent and expected inflation rate is 5 percent, the real interest rate

▸

is 1 percent.

▸

is -1 percent.

▸

is 9 percent.

▸

cannot be calculated.

▸

none of the above

Textbook

Economics

Edition: 12^th

Author: Arnold

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paris.chen

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7 months ago

More solutions for this book are available here

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tacobeo Author

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7 months ago

Correct

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