Answer:

Question 3 ['1 point} Assume that the nominal Interest rate is 3% while we have 5% deflation [fall in the price level]. In this situation, the real interest rate is: O 6% Q .295 Q 3% Q 3% QuEstion 4 [1 point] You borrow $1,5DD and sign a contract that you will pay 9.4% interest rate. The inflation rate oyer the year ends up at 3.4%. This means that you real interest rate ends up being: Giye your answer with one decimal, even if that decimal is a \"."0 Le. 10% = 10.0 with no 5'46 sign. it the answer is negatiye,ma1