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Question 9 ( 1 point ) Listen Inflation is 4 . 0 % . The nominal rate is 9 . 0 % . What is
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Inflation is The nominal rate is What is the true, accurate real rate?
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You invest $ today in a certificate of deposit CD at your local bank that will pay you APR. If inflation over that year is by approximately how much did your real spending power increase?
Help with my honework please im lost
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