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Suppose the real rate of return is 0.074 and expected inflation is 0.021 . What is the nominal interest rate? Instruction: Round to two decimal
Suppose the real rate of return is 0.074 and expected inflation is 0.021 . What is the nominal interest rate? Instruction: Round to two decimal places. E.g., if your answer is 0.0106465 or 1.06465%, you should type ONLY the number .01, neither 0.0106465 , 0.0106 , nor 1.065 . Otherwise, Blackboard will treat it as a wrong
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