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G ng.cengage.com C + cc Home Page - Tarrant County College Homework (Ch 11) C MindTap - Cengage Learning C Mind Tap - Cengage Learning

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G ng.cengage.com C + cc Home Page - Tarrant County College Homework (Ch 11) C MindTap - Cengage Learning C Mind Tap - Cengage Learning Dashboard Jhoel v CENGAGE | MINDTAP Q Search this course ? My Home Homework (Ch 11) X Courses 4. Inflation and interest rates The following table gives the average nominal interest rates on six-month Treasury bills spanning the years 2004 and 2008, which determined the Catalog and Study Tools nominal interest rate paid by the U.S. government when it issued debt in that time period. The table also gives the inflation rate for the years 2004 to Rental Options 2008. (All rates rounded to the nearest 0.1 percent.) A-Z College Success Tips Nominal Interest Rate Inflation Rate Career Success Tips Year (Percent (Percent) O 2004 1.6 2.7 ? Help 2005 3.4 3.4 2006 4.8 3.2 Give Feedback 2007 4.4 2.9 2008 1.6 3.8 Source: "FRED Economic Data," Federal Reserve Bank of St. Louis, last modified September 23, 2019, accessed September 24, 2019, https://fred.stlouisfed.org. bongo On the following graph, use the orange points (square symbol) to plot the nominal interest rates for the years 2004 to 2008. Next, use the green points (triangle symbol) to plot the real interest rates for those years. At 5.0 4.0 Nominal Interest Rate 3.0 entV

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