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Question 9 O out of 1 points Given the following information (assume no uncertainty, and we are in equilibrium) Australian inflation: 1.51% p.a. Philippine inflation:

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Question 9 O out of 1 points Given the following information (assume no uncertainty, and we are in equilibrium) Australian inflation: 1.51% p.a. Philippine inflation: 2.50% p.a. Australian real interest rates: 1.7% p.a. What is the current one-year nominal interest rate in the Philippines? Selected Answer: 0.71% Correct Answer: 4.24%

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