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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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