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Question 3 What real interest rate is offered by a savings account with a 12% nominal rate during a period of 5 inflation? (a) 5.33%

Question 3 What real interest rate is offered by a savings account with a 12% nominal rate during a period of 5 inflation? (a) 5.33% (b) 6.66% (c) 7.00% (d) 8.33%

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