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13. Over the past year you earned a nominal rate of interest of 10 percent on your money. The ination rate was 5 percent over

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13. Over the past year you earned a nominal rate of interest of 10 percent on your money. The ination rate was 5 percent over the same period. The exact actual growth rate of your purchasing power was A) 15.5%. B) 10.0%. C) 5.0%. D) 4.8%. E) 15.0%

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