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Please help answer below,round to two decimal places What would you expect the nominal rate of interest to be if the real rate is 3.8
Please help answer below,round to two decimal places
What would you expect the nominal rate of interest to be if the real rate is 3.8 percent and the expected inflation rate is 6.9 percent? The nominal rate of interest would be %. (Round to two decimal places.)Step by Step Solution
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