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In 2008, interest rates were about 4.5% and inflation was about 2.8%. What was the real interest rate in 2008? A. 1.58% B. 1.61% C.

In 2008, interest rates were about 4.5% and inflation was about 2.8%. What was the real interest rate in 2008? A. 1.58% B. 1.61% C. 1.65% D. 1.62%

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