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11. Assume you just deposited $1,000 into a bank account. Thecurrent real rate is 2% and inflation is expected to be 6% over thenext year.

11. Assume you just deposited $1,000 into a bank account. Thecurrent real rate is 2% and inflation is expected to be 6% over thenext year. What nominal rate would you required from the bank overthe 2 answers

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