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Refer to the hypothetical data in the table to answer the Nominal interest Real interest Inflation three questions. Year rate rate rate What was the

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Refer to the hypothetical data in the table to answer the Nominal interest Real interest Inflation three questions. Year rate rate rate What was the real interest rate in 2017? 2017 9% 7% 2018 9% 5% 2019 1% 1% What was the inflation rate in 2018? What was the nominal interest rate in 2019

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