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If investors receive a 5.1% interest rate on their bank deposits, what real interest rate will they earn if the inflation rate over the year
If investors receive a 5.1% interest rate on their bank deposits, what real interest rate will they earn if the inflation rate over the year is: (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.)
Inflation Rate Real Interest Rate | |||
a. | zero | % | |
b. | 2.1% | % | |
c. | 5.1% | % |
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