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Please Help If inflation is expected to be 6 percent during the next year, while the nominal rate of interest for a one-year loan is
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If inflation is expected to be 6 percent during the next year, while the nominal rate of interest for a one-year loan is 10 percent, then approximately what should the real interest rate be for a one-year loan? 10 percent 4 percent 16 percent none of these 4.5 percent Step by Step Solution
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