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A bank lends money for a year at an interest rate of 9% and the inflation rate for that year turns out to be 5%.What
A bank lends money for a year at an interest rate of 9% and the inflation rate for that year turns out to be 5%.What is the bank's real rate of return for that year?
A.) 2%
B.) 6%
C.) 14%
D.) 4%
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