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If Treasury bills are currently paying 10 percent and the inflation rate is 6.8 percent, a) What is the approximate real rate of interest? b)
If Treasury bills are currently paying 10 percent and the inflation rate is 6.8 percent, a) What is the approximate real rate of interest?
b) What is the exact real interest rate? Note: Please use the Fisher equation.
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Intermediate Microeconomics
Authors: Hal R. Varian
9th edition
978-0393123968
