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Suppose the nominal interest rate is 0.03, the tax rate on interest income is 0.2, and the expected real after-tax interest rate is 0.004. What

Suppose the nominal interest rate is 0.03, the tax rate on interest income is 0.2, and the expected real after-tax interest rate is 0.004. What is the expected inflation rate?

a.0.01

b.0.03

c.0.00

d.0.02

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