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Assume the monetary policy curve is given by r = 1.75 +0.25. Calculate the real interest rate when the inflation rate is 3%, 4%,

Assume the monetary policy curve is given by r = 1.75 +0.25T. Calculate the real interest rate when the

Assume the monetary policy curve is given by r = 1.75 +0.25. Calculate the real interest rate when the inflation rate is 3%, 4%, and 5%. (Round your responses to two decimal places.) When the inflation rate is 3%, the interest rate is When the inflation rate is 4%, the interest rate is When the inflation rate is 5%, the interest rate is %. %. %.

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