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jugganuts jugganuts
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6 months ago

If the nominal interest rate is 4.2 percent and expected inflation rate is 3 percent, the real interest rate equals



7.2 percent.



1.2 percent.



3.6 percent.



12.6 percent.



none of the above

Textbook 
Economics

Economics


Edition: 12th
Author:
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Keleko12Keleko12
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6 months ago
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jugganuts Author
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6 months ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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Thanks
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2 hours ago
Helped a lot
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