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If the nominal rate of interest is 9 percent and the expected rate of inflation is 6 percent, then ...

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If the nominal rate of interest is 9 percent and the expected rate of inflation is 6 percent, then ...

If the nominal rate of interest is 9 percent and the expected rate of inflation is 6 percent, then the real rate of interest is

▸

6 percent.

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15 percent.

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3 percent.

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7.5 percent.

Textbook

Economics

Edition: 12^th

Author: Arnold

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More solutions for this book are available here

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shopaka12 Author

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Helped a lot

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Good timing, thanks!

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Just got PERFECT on my quiz

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