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Question 22 (1 point) Japan is one of the few countries that has experienced deflation in the last few decades. If there was 2.5% deflation

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Question 22 (1 point) Japan is one of the few countries that has experienced deflation in the last few decades. If there was 2.5% deflation (falling prices) in the US, and you had a loan with a 1% nominal interest rate, then the real interest rate on your loan would be: O-3.5% -1.5% 1% 2.5% 3.5%

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