Question
An investment of $1600 made in 2019 grew to $1800 in 2020. What is the real rate of return on this investment if the ratio
An investment of $1600 made in 2019 grew to $1800 in 2020. What is the real rate of return on this investment if the ratio of 2020 to 2019 price levels in the economy is 1.2?
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Foundations of Macroeconomics
Authors: Robin Bade, Michael Parkin
8th edition
134492005, 978-0134492001
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