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If the nominal interest rate is 12% and the real interest rate is 7%, what is the expected inflation rate? a. -4.46% b. 4.67% c.

If the nominal interest rate is 12% and the real interest rate is 7%, what is the expected inflation rate? a. -4.46% b. 4.67% c. 19.84% d. 5.00% e. none of the above

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