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9. Christine's bakery shop makes 5% more profit in nominal terms this year. Later on she learn that this year the inflation rate is 3%.

9. Christine's bakery shop makes 5% more profit in nominal terms this year. Later on she learn that this year the inflation rate is 3%. How much more profit in real terms does Christine's bakery earn this year? If inflation is stable at 3% over the next year, Christine wants to make 4% more profit in real terms next year, how much more profit in nominal terms should she earn

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