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The interest rate stated in a loan contract is an example of a (real / nominal) interest rate. Write the formula for computing real interest
The interest rate stated in a loan contract is an example of a (real / nominal) interest rate.
Write the formula for computing real interest rate (precise Fischer Effect equation), given a nominal rate and an inflation rate.
The real interest rate =1.3%, and inflation is expected to be 2%.What is the normal interest rate
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