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. In 2017 U.S. government bond real rate was 1.5% while the inflation rate that year was 0.12%. In 2018 one-year real interest rate was

. In 2017 U.S. government bond real rate was 1.5% while the inflation rate that year was 0.12%. In 2018 one-year real interest rate was about 3.1 %, and the nominal rate was about 1.5%. What are the exact nominal interest rate in 2017 and approximate inflation rate in 2018? a) 1.38% and 1.6% b) 1.38 % and 4.8% c) 1.62 % and (1.6%) d) 1.6% and 1.36%

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