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QUESTION 2 A. (3 points) 0 points Save Answer The current real interest rate is 3%, and inflation is expected to be 5% over
QUESTION 2 A. (3 points) 0 points Save Answer The current real interest rate is 3%, and inflation is expected to be 5% over the next year. Assume you just deposited $3000 into a bank account. What nominal rate would you require from the bank over the next year? How much money will you have at the end of one year? If you are saving to buy a television that currently sells for $3,200, will you have enough to buy it? B. (5 points) Use the following information: Bank deposits (D)=350
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