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3. The rate of inflation as of Thursday is 6 %, this is expected to continue. Sylvia wants to earn a real rate of return
3. The rate of inflation as of Thursday is 6 %, this is expected to continue. Sylvia wants to earn a real rate of return of 10% on her money. The bank is offering her 14% for deposits. a. should Sylvia accept this rate? Why or why not? b. If Sylvia expects this inflation rate to decrease to 3%, would your answer in "a" change
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