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In 2007, (nominal) interest rates were about 4.5% and inflation was about 2.8%. What was the real interest rate in 2007? Group of answer choices
In 2007, (nominal) interest rates were about 4.5% and inflation was about 2.8%. What was the real interest rate in 2007?
Group of answer choices 1.62% 1.65% 1.61% 1.58%
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