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(question 38) If investors receive a 6% interest rate on their bank deposits, what real interest rate will they earn if the inflation rate over
(question 38)
If investors receive a 6% interest rate on their bank deposits, what real interest rate will they earn if the inflation rate over the year is (Leave no cells blank - be certain to enter "O" wherever required. Do not round intermediate calculations. Round your answers to 2 decimal places.) a. zero b. 3% C. 6% Real Interest Rate 1% % %Step by Step Solution
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