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Inflation, nominal interest rates, and real rates. Given the following information, estimate the real rate with the approximate nominal interest rate equation and the true
Inflation, nominal interest rates, and real rates. Given the following information, estimate the real rate with the approximate nominal interest rate equation and the true nominal interest rate equation (Fisher effect) for each set of nominal and inflation rates. Approximate Real Rate rue Real Rate Nominal Rate 13.0% 9.0% 18.0% 2.0% 5.5% 2.0% 15.0% 70%O
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