If the real rate of interest is 3.4% and the nominal rate of interest is 7%, the rate of inflation is forecast to be approximately (use simplified Fisher Equation) O 2.8% O 3.6% O 5.7% O 7.8%

If the real rate of interest is 3.4% and the nominal rate of interest is 7%, the rate of inflation is forecast to be approximately (use simplified Fisher Equation) 2.8% 3.6% 5.7% 7.8%