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is this answer correct please help will upvote! if inflation is anticipated to be 3 percent during the next year, while the real rate of
is this answer correct please help will upvote! 
if inflation is anticipated to be 3 percent during the next year, while the real rate of interest for a risk-free one-year loan is 4 percent, what is the approximate nominal rate of interest? (Hint: Use the simplified Fisher equation) 7 percent . 1 percent 12 percent 5 percent
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