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9. that the current nominal rat %and the expected rate of inflation is expected rate of inflation increases by 3 2% Phe marginal income tax

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9. that the current nominal rat %and the expected rate of inflation is expected rate of inflation increases by 3 2% Phe marginal income tax rate percentage points to a new level of 5%. What will be the new nominal rate according to Fisher? According to Darby/Feldstein? 7.67% 8% 790; 796; d

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