Question
(Inflation and interestrates) What would you expect the nominal rate of interest to be if the real rate is 4.2 percent and the expected inflation
(Inflation and interestrates)What would you expect the nominal rate of interest to be if the real rate is
4.2 percent and the expected inflation rate is6.6percent?
The nominal rate of interest would be in %?(Round to two decimalplaces.)
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Macroeconomics
Authors: N. Gregory Mankiw, William M. Scarth
5th Canadian Edition
1464168504, 978-1464168505
