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Inflation, nominal interest rates, and real rates. Given the following information, Eestimate the real rate with the approximate nominal interest rate equation and the true

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Inflation, nominal interest rates, and real rates. Given the following information, Eestimate 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 First, fill in the approximate real interest rate in the following table: (Round to two decimal places.) Approximate Nominal Rate Inflation Rate Real Rate Data Table 12.0% 5.5% (Click on the following icon in order to copy its contents into a spreadsheet.) Nominal Rate 12.0% 10.0% 20.0% 6.0% Inflation Rate 5.5% 3.0% 15.0% 8.0% Approximate Real Rate ? 2 ? ? True Real Rate ? ? ? ? Print Done Enter your answer in the answer box and then click Check Answer. 7 Pemaining Clear All Check

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