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If investors receive a 7.0% interest rate on their bank deposits, what real interest rate will they earn if the inflation rate over the year

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If investors receive a 7.0% 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. 4.0% c. 7.0% % %

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