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If investors receive a 5.8% interest rate on their bank deposits, what real interest rate will they earn if the inflation rate over the year
If investors receive a 5.8% interest rate on their bank deposits, what real interest rate will they earn if the inflation rate over the year is (Leave no cells blank - be certain to enter "0" wherever required. Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.): |
Real Interest Rate | |
a. Zero | % |
b. 2.8% | % |
c. 5.8% | % |
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