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Inflation, nominal interest rates, and real rates. Given the following information, B. estimate the real rate with the approximate nominal interest rate equation and t

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Inflation, nominal interest rates, and real rates. Given the following information, B. estimate the real rate with the approximate nominal interest rate equation and t true nominal interest rate equation (Fisher effect) for each set of nominal and inflation rates. First, fill in the approximate real interest rate in the following table: (Round to two decimal places.) Nominal Rate 15.0% Inflation Rate 7.0% Approximate Real Rate % Data Table -X (Click on the following icon 2 in order to copy its contents into a spreadsheet.) Approximate Real Rate True Real Rate ? Nominal Rate 15.0% 8.0% 22.0% 6.0% Inflation Rate 7.0% 3.0% 16.0% 6.0% ? ? ? ? ? 2 Print Done

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