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In 1975 the nominal interest rates in the US were 7.85% and the rate of inflation was 12.3%. What was the real interest rate in
In 1975 the nominal interest rates in the US were 7.85% and the rate of inflation was 12.3%.
What was the real interest rate in 1975?Be as precise as possible.
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Microeconomics
Authors: Glenn Hubbard, Anthony O'Brien
7th Edition
0134737504, 978-0134737508
