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The answers are a) 11.24% and b) 13.3%Please show the solutions . o 0. Suppose the real interest rate is 3% per year, and the

The answers are a) 11.24% and b) 13.3%Please show the solutions

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. o 0. Suppose the real interest rate is 3% per year, and the expected inflation rate IS 86. What IS the nominal interest rate? in. Suppose the expected inflation rate rises to 10%, but the real rate is unchanged. What hap- pens to the nominal interest rate

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