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Suppose that, in March 2018, you had deposited $1000 in a savings account (and left it there until March of this year) and the bank

Suppose that, in March 2018, you had deposited $1000 in a savings account (and left it there until March of this year) and the bank paid an interest rate of 2% on that savings. What nominal interest rate did you earn? What real interest rate did you earn? Was it a good decision on your part, why or why not?




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