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Assume at the beginning of the year you purchased $100 worth of goods. Using the Fisher Effect, if the nominal interest rate is 11.1100% and
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Assume at the beginning of the year you purchased $100 worth of goods. Using the Fisher Effect, if the nominal interest rate is 11.1100% and the rate of inflation is expected to be 6.5600%, how much new goods could you buy and the end of the year versus the beginning of the year?
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