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1. If the real interest rate is 2% and expected inflation is 3%, what is the exact nominal interest rate using the Fisher equation? 2.

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1. If the real interest rate is 2% and expected inflation is 3%, what is the exact nominal interest rate using the Fisher equation? 2. If the real interest rate is 2% and expected inflation is 3%, what is the approximate nominal interest rate? 3. If the real interest rate is 2% and expected inflation is 15%, what is the approximate nominal interest rate

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