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Inflation and Unemployment Question: In which situation is the real interest rate lowest? The nominal interest rate is 25% and the inflation rate 30%. The
Inflation and Unemployment
Question:
In which situation is the real interest rate lowest?
- The nominal interest rate is 25% and the inflation rate 30%.
- The nominal interest rate is 8% and the inflation rate 5%.
- The nominal interest rate is 11% and the inflation rate 9%.
- The nominal interest rate is 2% and the inflation rate 1%.
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