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According to the Fisher equation, if the nominal rate of interest is 7% and the expected inflation rate is 2%, what is the approximate real

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According to the Fisher equation, if the nominal rate of interest is 7% and the expected inflation rate is 2%, what is the approximate real rate of interest? Enter your answer as a percentage with two decimal ploces. Do not use a percent sign when entering your answer. For example if your answer is 4.30% enter 4.30 in the box

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